Fundstrat Digital Asset Strategy Director: Sentiment towards Ethereum ETF Launch is Overly Pessimistic

“Sentiment around the launch of an Ethereum ETF is overly pessimistic,” Sean Farrell, head of digital asset strategy at Fundstrat, wrote in a report. He predicted that the development of ETFs will be driven by hedge funds pursuing so-called basis trades, which will take advantage of the difference between spot and futures markets. (Bloomberg)