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News about ETH ETF could cause significant market fluctuations. • Personal perspective: Regardless of whether it gets approved tomorrow, I believe there will be a short-term “sell the news” event, leading to volatility.
Reasons: Prior to the news, there was unusual activity; ETH was deposited on exchanges after a 20% increase (typically, if the market follows news, prices would continue rising, but now they’ve stalled). Additionally, 1 billion ETH was minted yesterday.
For Near holders: Grayscale launches investment trust funds for Stacks and Near
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