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.
加密貨幣交易員Evanss6談到了以太坊（CRYPTO：ETH）ETFs的推出，強調了它們的潛在影響以及與比特幣（CRYPTO：BTC）ETFs的比較。
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.
發生了什麼：Evanss6指出，Coinbase上現貨以太坊交易的低成交量可能會使任何新的淨現貨流更具影響力。他預測ETFs推出當天開始，Coinbase的交易量將會增加。
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
關於明天的推出，我有一些想法：
—— Evanss6 (@Evan_ss6) 2024年7月22日
我們仍處於相對低成交量的夏季期間，在Coinbase上現貨ETH的交易量在一天中低至中等9位數範圍。這會使任何新的淨現貨流更具影響力。從明天開始，您應該看到Coinbase的交易量會因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.
該交易員指出了以太坊ETFs和比特幣ETFs推出的兩個關鍵差異——季節性和Grayscale的以太坊信託（NYSE：ETHE）交易價格在兩個月內低於淨資產價值的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.
但他對Grayscale的以太坊Mini Trust表示懷疑，該信託將管理基金的約10％（約30萬個ETH）資產，收取低於富達和貝萊德等巨頭的15個點子的費用，從而顯着影響淨流入。
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對流通中的以太坊所佔比例比OTC的Grayscale Bitcoin Trust ETF(OTC:GBTC)對比特幣的所佔比例低。他提到持有者基礎中的不良情況較少，任何急於退出的人都有兩個月的時間去做。此外，GBTC的激進資金流出在前兩週就已經結束，然後出現了適度的淨流入。
Also Read: Why Are Ethereum Classic And Ethereum Name Service Shooting Up On Spot ETH Approval Day?
還閱讀：以太坊經典和以太坊名稱服務在現貨ETH批准日爲什麼大漲？
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.
爲以太坊ETF的預測存在差異。有些人預期相對比特幣ETF低至0-7％，而其他人則預測會出現大量新流入以及來自比特幣ETF買家的再分配資金。彭博分析師Eric Balchunas和James Seyffart最初預計相對流量與比特幣ETF相比會達到約10％，但現在已經將其預測提高。
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.
加密貨幣新聞提供商Wu Blockchain提到了Wintermute公司的預測，即現貨以太坊ETF將吸引高達40億美元的資本流入，並且在接下來的12個月中ETH的價格將上漲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：預計以太坊作爲一種機構資產類別的影響力將在11月19日的Benzinga未來數字資產活動中得到全面探討。
- Ethereum ETFs Get Final Go-Ahead From The SEC: What Happens Next?
- 以太坊ETFs獲得SEC的最終批准：接下來會發生什麼？
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
此內容部分使用人工智能工具生成，並由Benzinga編輯審查和發佈。
Image: Shutterstock
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