Fundstrat Digital Asset Strategy Director: Sentiment towards Ethereum ETF Launch is Overly Pessimistic

2024/06/28 13:44

Odaily News Sentiment around the launch of an Ethereum ETF is overly pessimistic, Sean Farrell, head of digital asset strategy at Fundstrat, wrote in a report. He predicted that the development of ETFs will be driven by hedge funds pursuing so-called basis trades, which will take advantage of the difference between spot and futures markets. (Bloomberg)

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