@gargonit
What do you think will happen with crypto after start of ETH-ETF trading?
I see 2 options:
1) Low trading volume of ETH-ETF -> low interest -> price will go down -> people will be disappointed with $ETH and all L2 tokens -> start to sell on dip.
2) If there will be pretty high volume in first week, Grayscale or another whale start to sell -> people will see similar behavior to BTC-ETF and will be waiting for big pump when selling preasure stops = a lot of fomo buys on ETH -> but even when Grayscale stops selling their ETH, price will keep dumping, because there are a lot of exit liquidity to sell for other whales -> people will be disappointed with $ETH and all L2 tokens -> start to sell on dip.
In both scenarios $BTC will go up 🤑 Probably it will be start of BTC L2 meta and tokens of btc ecosystem.
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