The Wolf Of All Streets
Ethereum Is About To Skyrocket: Get Ready For A Massive Supply Shock
Jun 5, 2024
David Duong from Coinbase and Chris Inks discuss Ethereum's potential supply shock from ETFs, institutional interest, challenges with stablecoins, market outlook, decentralized marketplace Blender, and price predictions for Bitcoin, BNB, Ethereum, and LINK.
45:31
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Quick takeaways
- Anticipation of $4 to $5 billion Ethereum ETF inflows in the initial six months due to historical low exchange supply may lead to a potential price rise for Ethereum.
- Surprise approval of Ethereum spot ETFs diverges from Bitcoin ETF patterns, showcasing differences in marketing approach and investor familiarity between the two cryptocurrencies.
Deep dives
Ethereum ETF Inflows Projection
Anticipation of $4 to $5 billion Ethereum ETF inflows in the initial six months due to historical low exchange supply raises questions about how increased demand meets reduced supply, indicating a potential price rise for Ethereum.
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