Shenyu predicts the timeline and market impact of Ethereum spot ETF: S-1 may be passed in early June, and institutional investors may gradually enter
Shen Yu expressed on social media that based on the experience and publicly available information of BTC ETF, the timeline for ETH ETF after a false move is as follows:· May 23: ETH 19B-4 unexpectedly passed, and market makers began to buy ETH spot to prepare for liquidity provision.· Early June: S-1 may pass. Referring to BTC ETF, it may take at least 2 weeks at the fastest, but the normal pace may take 3 months.· Mid-June: After S-1 passes, trading may start immediately or within a few days.· June to December: In the early stages of listing, most of the funds may come from retail investors, accounting for 80-90% of the total funds, while institutional users participate less. Considering that ETHE is similar to GBTC, the market may face some arbitrage and selling pressure, and whether it can withstand such selling pressure remains to be seen.· After December: As time goes by, institutional investors may gradually enter the market."
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