Fundstrat Digital Asset Strategy Director: Sentiment towards Ethereum ETF Launch is Overly Pessimistic

Odaily News Sentiment around the launch of an Ethereum ETF is overly pessimistic, Sean Farrell, head of digital asset strategy at Fundstrat, wrote in a report. He predicted that the development of ETFs will be driven by hedge funds pursuing so-called basis trades, which will take advantage of the difference between spot and futures markets. (Bloomberg)