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Fundstrat Digital Asset Strategy Director: People’s expectations for ETH spot ETFs are too pessimistic

CointimeCointime2024/06/28 05:55
By:Cointime

Sean Farrell, the head of digital asset strategy at Fundstrat, stated that people have been overly pessimistic about the expectation of an ETH spot ETF. Hedge funds pursuing so-called basis trading (aimed at taking advantage of differences between the spot and futures markets) will drive the development of ETFs.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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