Opinion: grey release of funds from Ethereum trust fund could put pressure on ETH price
2024-07-23 14:33:27
Jupiter Zheng, partner at Hashkey Capital Liquid Fund, said that outflows from the grey release Ethereum trust could weigh on ETH prices after today's ETF launch, while also potentially dampening market sentiment in the short term, but just as with bitcoin ETFs, investors could move their money to options with lower fees.
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