The $9B Ethereum ETF Disaster!

The grayscale Ethereum ETF has $9B worth of assets, which sold off over $485M in its first day of trading...

The Bitcoin ETF had to deal with nearly $30B of supply from Grayscale, who have currently sold $18.7B...

Considering Ethereum is 3x smaller than Bitcoin, this $9B overhang could mean some pretty big things....

🔨Get 15% OFF ANY Stamp Seed product using the Promo Code:
"luke15" at the link below.👇
https://stampseed.com

💥Join me in my Skool Community. 👇
https://www.skool.com/digital-soverie...

🔥We explored this topic in todays video, and will be conducting a deep dive into this story in my FREE newsletter.👇
https://tinyurl.com/yuwnd8y3

📚Get 50% OFF any 3 or 4 PACK of The Bitcoin Times Collectable with a Promo Code: ''HALVING'' at the link below.👇
https://bitcointimes.io/product-categ...

Book a FREE 15 minute call with me if you want:👇

🔐HELP with your Bitcoin setup
📈HELP to scale your social media platforms
🔐HELP to set up a collaborative multi-signature set up here:

🔗https://meetings.hubspot.com/luke-mikic 🔗

🔥Check out the BitBox02 Hardware Wallet Go to the link below and use the promo code "luke5" to get 5% off standard products!👇
https://bitbox.swiss/lukemikic

❗ DISCLAIMER ❗

Luke Mikic is not a financial adviser. All opinions expressed by us or our guests in these videos is for informational purposes only, and should not be treated as investment or financial advice of any kind.

Any information provided during the video is general in nature and does not take into account the viewers specific circumstances.

The viewer should always:
1. Conduct their own research,
2. Never invest more than they are willing to lose,
3. Obtain independent legal, financial, taxation and/or other professional advice in respect of any decision made in connection with this video.

#bitcoin #bitcoinnews
#finance #macro #macroeconomics #bitcoinnews #crypto #cryptocurrency