15min chapter

Bankless cover image

Diaries of an ETH Maxi on Wall Street | Sam Jernigan

Bankless

CHAPTER

Implications of an Ethereum ETF Approval in Traditional Finance

The chapter discusses the impact of the approval of an Ethereum ETF on Ether as an asset and the flow of money into the market. It explores the correlation between spot and futures markets for Bitcoin and Ethereum, potential scarcity of Ether with increased ETF flows, and the shift from Bitcoin to Ethereum ETFs. Furthermore, it examines the regulatory clarity surrounding Ethereum, the relationship between traditional finance and the crypto space, and the potential support or hindrance of crypto innovations like DeFi by Traditional Finance.

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