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