Row 7285

Row ID: 7285 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 7285 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

Hello guys

Since I've seen quite some debates about the Ethereum ETF à la "will it be approved or not?" I wanted to share my (uneducated) guess:

The ETF will get rejected (at least at first). The SEC felt cornered and after the court ruling had not options besides accepting the BTC ETF. I think that they have a little bit more of playground with the Ethereum ETF and they will play the "declare as a security card". This doesn't mean, that I would rule out an ETF at a later stage, I even think it is likely and things might change with a new regime.

Finally, I'd expect a pump after the rejection since at this stage most people are expecting it already and we dumped a lot (in comparison to BTC) in anticipation of a negative outcome.

What markets hate most is uncertainty and waiting, and once that uncertainty is gone we can focus on the future and people will start buying into ETH again since they don't have to fear the "after rejection dump" which might turn out way less severe than many think.

That's just a guess and I could be completely wrong.

Greetings

FieldValue
text Hello guys Since I've seen quite some debates about the Ethereum ETF à la "will it be approved or not?" I wanted to share my (uneducated) guess: The ETF will get rejected (at least at first). The SEC felt cornered and after the court ruling had not options besides accepting the BTC ETF. I think that they have a little bit more of playground with the Ethereum ETF and they will play the "declare as a security card". This doesn't mean, that I would rule out an ETF at a later stage, I even think…
label r/ethtrader
dataType post
communityName r/ethtrader
datetime 2024-05-15
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Raw Record

{
  "text": "Hello guys \n\nSince I've seen quite some debates about the Ethereum ETF à la \"will it be approved or not?\" I wanted to share my (uneducated) guess: \n\nThe ETF will get rejected (at least at first). The SEC felt cornered and after the court ruling had not options besides accepting the BTC ETF. I think that they have a little bit more of playground with the Ethereum ETF and they will play the \"declare as a security card\". This doesn't mean, that I would rule out an ETF at a later stage, I even think it is likely and things might change with a new regime. \n\nFinally, I'd expect a pump after the rejection since at this stage most people are expecting it already and we dumped a lot (in comparison to BTC) in anticipation of a negative outcome. \n\nWhat markets hate most is uncertainty and waiting, and once that uncertainty is gone we can focus on the future and people will start buying into ETH again since they don't have to fear the \"after rejection dump\" which might turn out way less severe than many think. \n\nThat's just a guess and I could be completely wrong. \n\nGreetings ",
  "label": "r/ethtrader",
  "dataType": "post",
  "communityName": "r/ethtrader",
  "datetime": "2024-05-15",
  "username_encoded": "Z0FBQUFBQm5LakwzNEZNZ3RKVUNWWXo0UGtaZ2pTNVdFZ1pzeGV0eGpTMTNCYjFRLXI4MW1nTVBMWkdyMVJNcHJrWVFCeDZ1T3gwekNTSHVJSFE1S2pkVlk4Z2U1UjNZeHc9PQ==",
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}
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