Zhu Su: The delay in approving the Ethereum ETF is the most bullish catalyst in the long cycle
Zhu Su posted on the X platform stating that the delay in approving Ethereum ETF is the most bullish catalyst in a long cycle. This view is somewhat ironic because once the spot Ethereum ETF is approved for listing, it may lead to an ETH redemption flow, which could potentially result in a short-term downturn as currently seen in the ETF market. At the same time, it would also reduce the number of possible "catalysts" in future.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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