$Ethereum (ETH.CC)$ Just some simple mathematics why it will...
Just some simple mathematics why it will go up when the ETFs are launched.
Fresh $ coming in to buy with no increase in supply implies DD > SS
The more $ flowing in the higher the price because the higher the demand with no fresh incresse in supply. Money flowing into the ETFs has to be deployed to buy Ether and hence prices will go up. And why would more money flow into ETF? Because there are millions of new investors who have not traded cryto and the FOMO factor will come into play.
That was what happened when bitcoin ETFs were launched.
Unless of course if big whales choose to dump instead of holding then price may initially fall. But seeing Bitcoin doubled within months after Bitcoin ETF was launched may induced the existing Ether holders to wait and see instead of selling out.
Just my 2cents worth of thoughts.
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