Ethereum ETF Launch Sparks Investor Concerns Over Sell the News

Get Daily altcoins signals and trade with the professionals trading strategy – https://telegram.me/binancefuturesignal

Kaiko’s latest analysis suggests that Ether’s price will be sensitive to spot ETF inflows, given the low demand for futures products back in late 2023.

Following weeks of adjustments to registration statements, several spot Ethereum ETFs have been approved and will start trading on Tuesday. Ether’s price has not experienced any significant changes so far.

Kaiko suggests that in the coming days, the crypto asset will likely be “sensitive” to inflows from spot ETFs, especially given the tepid demand for futures products in late 2023. Traders also seem to be preparing for diverse outcomes.


Wonderful words from our members

Thinking of using Cornix trading bot? If yes, then get ready for setting the standard for automated trading.

Automate your trading based on our Telegram signal groups. Let the Cornix mobile app and Telegram bot do trading for you at anytime, anyplace.

We are the best Binance Futures Signal Group for manual as well as automated trading via Cornix Bot.

Trading has been exceptionally easier as all the Traders involved with Binance Futures can either do manual trading or can use the Cornix Bot to copy all the Binance Futures Signals on their account.

Comments

Popular posts from this blog

AI altcoins are pumping!

Halving multiples give up to $1.6 million BTC price.

Bitcoin (BTC) price broke out of its sideways range to briefly push above the $9,500 level.