Fundstrat Digital Asset Strategy Director: People's expectations for ETH spot ETF are overly pessimistic
Sean Farrell, Director of Digital Asset Strategy at Fundstrat, stated in a report that people's expectations for the ETH spot ETF are overly pessimistic. Hedge funds pursuing so-called basis trades (aimed at exploiting differences between spot and futures markets) will drive the development of ETFs.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Visa Tightens Memecoin Card Codes After Digital-Media Classification
REX launches 2x leveraged ETF tied to Bitcoin treasury firm Strive
No, Morgan Stanley Not Selling BTC: Onchain Data
Tether issues 500 million USDT on the Solana blockchain