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