Ethereum ETF by Grayscale Predicted to Drop $110M Daily

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If Grayscale’s slated spot Ether ETF follows the same path as its Bitcoin one, there could be some short-term pressure on the price of ETH.

Grayscale’s yet-to-launch spot Ether ETH tickers down $3,902 exchange-traded fund (ETF) could bleed an average of $110 million per day if it follows a similar pattern to its Grayscale Bitcoin Trust in the first month. 

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