🔶 The launch of the Ethereum-ETF became a significant event for the cryptocurrency market. According to Michaël van de Poppe, a popular trader and head of MN Trading, the trading volume on the first day reached $600 million, demonstrating strong investor interest in this instrument.
🔶 The expert also noted that the net inflow volume in just one day almost equaled the increase in Ethereum’s supply for the entire year of 2024, which is $155 million. Van de Poppe described this situation as “bullish.”
🔶 Despite the impressive figures, the price of Ethereum has not shown significant growth yet. The expert suggests that the market may repeat the Bitcoin scenario following the launch of the ETF.