Top Trader Flags Key Factors To Watch For The Ethereum ETF Trading Launch
Top Trader Flags Key Factors To Watch For The Ethereum ETF Trading Launch
Crypto trader Evanss6 weighed in on the launch of Ethereum (CRYPTO: ETH) ETFs, highlighting their potential impact and comparisons to the Bitcoin (CRYPTO: BTC) ETFs.
加密货币交易员Evanss6谈到了以太坊（CRYPTO：ETH）ETFs的推出，强调了它们的潜在影响以及与比特币（CRYPTO：BTC）ETFs的比较。
What Happened: Evanss6 noted that the low volume of spot Ethereum trading on Coinbase could make any new net spot flows more impactful. He predicted an increase in Coinbase trading volume starting from the day the ETFs launch.
发生了什么：Evanss6指出，Coinbase上现货以太坊交易的低成交量可能会使任何新的净现货流更具影响力。他预测ETFs推出当天开始，Coinbase的交易量将会增加。
Some thoughts on tomorrow's launch:
— Evanss6 (@Evan_ss6) July 22, 2024
We are still in fairly low volume summer with spot ETH trading in the low to mid 9 figures a day range on CB spot. This makes any new net spot flows more impactful. You should see CB volume increase starting tomorrow as a result of the ETFs.... pic.twitter.com/dCcgJ3GQGG
关于明天的推出，我有一些想法：
—— Evanss6 (@Evan_ss6) 2024年7月22日
我们仍处于相对低成交量的夏季期间，在Coinbase上现货ETH的交易量在一天中低至中等9位数范围。这会使任何新的净现货流更具影响力。从明天开始，您应该看到Coinbase的交易量会因ETFs的推出而增加... pic.twitter.com/dCcgJ3GQGG
The trader pointed out two key differences between the launch of Ethereum ETFs and Bitcoin ETFs—seasonality and Grayscale's Ethereum Trust (NYSE:ETHE) trading at less than a 2% discount to net asset value for two months.
该交易员指出了以太坊ETFs和比特币ETFs推出的两个关键差异——季节性和Grayscale的以太坊信托（NYSE：ETHE）交易价格在两个月内低于净资产价值的2％以下。
But he expressed skepticism about Grayscale's Ethereum Mini Trust, which holds 10% of the fund's assets under management (around 300,000 ETH) and charges a fee of just 15 basis points, lower than giants like Fidelity and BlackRock, significantly impacting net flows.
但他对Grayscale的以太坊Mini Trust表示怀疑，该信托将管理基金的约10％（约30万个ETH）资产，收取低于富达和贝莱德等巨头的15个基点的费用，从而显着影响净流入。
Evanss6 noted that ETHE represents a lower percentage of the ETH in circulation than the Grayscale Bitcoin Trust ETF (OTC:GBTC) did for BTC. He mentioned that there is less toxicity in the holder base and anyone eager to get out has had two months to do so. Moreover, aggressive outflows from GBTC lasted for the first two weeks before the first modest net inflows.
Evanss6指出，ETHE对流通中的以太坊所占比例比OTC的Grayscale Bitcoin Trust ETF(OTC:GBTC)对比特币的所占比例低。他提到持有者基础中的不良情况较少，任何急于退出的人都有两个月的时间去做。此外，GBTC的激进资金流出在前两周就已经结束，然后出现了适度的净流入。
Also Read: Why Are Ethereum Classic And Ethereum Name Service Shooting Up On Spot ETH Approval Day?
还阅读：以太坊经典和以太坊名称服务在现货ETH批准日为什么大涨？
Why It Matters: Predictions for the Ethereum ETF differ. Some expect as low as 0-7% compared to Bitcoin ETFs, and others predict substantial new inflows and reallocation flows from Bitcoin ETF buyers. Bloomberg analysts Eric Balchunas and James Seyffart initially expectec ~10% relative flows compared to the Bitcoin ETF but have since increased their estimates.
为以太坊ETF的预测存在差异。有些人预期相对比特币ETF低至0-7％，而其他人则预测会出现大量新流入以及来自比特币ETF买家的再分配资金。彭博分析师Eric Balchunas和James Seyffart最初预计相对流量与比特币ETF相比会达到约10％，但现在已经将其预测提高。
Crypto news provider Wu Blockchain flagged Wintermute's prediction that the spot Ethereum ETF will attract up to $4 billion in capital inflows in the next year, and the price of ETH will rise by 24% in the next 12 months.
加密货币新闻提供商Wu Blockchain提到了Wintermute公司的预测，即现货以太坊ETF将吸引高达40亿美元的资本流入，并且在接下来的12个月中ETH的价格将上涨24％。
What's Next: The influence of Ethereum as an institutional asset class is expected to be thoroughly explored at Benzinga's upcoming Future of Digital Assets event on Nov. 19.
下一步：预计以太坊作为一种机构资产类别的影响力将在11月19日的Benzinga未来数字资产活动中得到全面探讨。
- Ethereum ETFs Get Final Go-Ahead From The SEC: What Happens Next?
- 以太坊ETFs获得SEC的最终批准：接下来会发生什么？
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
此内容部分使用人工智能工具生成，并由Benzinga编辑审查和发布。
Image: Shutterstock
图片：shutterstock