☝️Not only did Jacob Joseph, research analyst at @CCData_io, expect #Ethereum to hit a new record, but he also told DL News that investors will pour $3.9 billion into US spot #EtherETFs within the first 100 days of their launch.

✔️ He extrapolated the sum from the performance of the 10 spot #Bitcoin ETFs’ first 100 days.

✔️ He cautioned that Ethereum might face challenges due to outflows from the Grayscale Ethereum Trust, which could prove a drag on market sentiment.

✔️The Grayscale Bitcoin Trust has had over $17.7 billion in outflows since its January launch, according to BitMEX research.

The money has predominantly flowed to funds with lower fees.

#trading #Anboto