Matrixport: The probability of SEC approving Ethereum spot ETF is only 7%, and the market expects Ethereum to fluctuate by plus or minus 4.8% this week

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Odaily Odaily News Matrixport published an article on the X platform stating that according to the prediction market, the US SEC has only a 7% chance of approving an Ethereum spot ETF this week. The derivatives market expects ETH to fluctuate by +/-4.8% by the end of this week. Historically, ETH's trading volume has averaged 30% higher than BTC's, but recently ETH's trading volume has been even lower, even though it is generally a higher-beta asset. This has not been the case since the start of the bull market. Nevertheless, ETH volatility appears to be lower relative to BTC volatility.

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