If you had told me that an ETH spot ETF would be approved in May, price would be down on the day, and price would only be $3700, I would never have believed you Honestly shocked, I would have thought price would be much higher It means something, a bit concerning tbh

I would have expected $5k ETH on approval, and much, much higher by launch ($6k-$8k) It does remind me a bit of the ETH futures launch last year where the first 15 minute volume was almost nothing and the entire market panicked It’s not great if we are being honest