# WillETHFollowBitcoinPriceTrajectoryUponItsETFTradingAvailable?

#Will ETH follow Bitcoin price trajectory upon its ETF trading available?
Bitcoin Spot ETF made a strong net inflow again yesterday, 1521 units, approximately 1.05 billion dollars. The captain also mentioned yesterday that it is important to focus on the first ETF trading day of the week for major market movements, which is a significant reference point.
Although there was a major mistake in US stocks yesterday, it means that the funds entering the cryptocurrency market are still not blocked and the long-term investors' short and medium-term optimism is largely revealed.
With a positive outlo

#Will ETH follow Bitcoin price trajectory upon its ETF trading available?
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#Will ETH follow Bitcoin price trajectory upon its ETF trading available?
Ethereum spot ETF's footsteps approaching, many institutions and whales are also buying and hoarding ETH.
After the SEC approved the 19b-4 application for Ethereum spot ETF on May 23rd, the Ethereum reserves of centralized exchanges decreased by 797,000 units, with a value of approximately $30.2 billion, between May 23rd and June 2nd. The decrease in exchange reserves indicates a decrease in the amount of sellable tokens.
The circulating supply of ETH held by the Central Exchange has reached its lowest level in years, c

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#Will ETH follow Bitcoin price trajectory upon its ETF trading available? 💹
#ETH UPDATE
Currently : 3807.13$
Currently We may expect further upward movement, with the major resistance level at $4000. A break above $4000 will be bullish. ETH has rebounded from the support area as expected, signalling a positive trend for the altcoin market. ETH often leads the way for altseason.

#Will ETH follow Bitcoin price trajectory upon its ETF trading available? Historically, the number of Bitcoin Layer 2 solutions was limited, but recently, activities like BRC-20 and Ordinals have increased the transaction speed and fees on the Bitcoin network. In 2023, the number of Layer 2 blockchains on Bitcoin has significantly increased to over 25 projects, compared to 38 Layer 2 projects on Ethereum.

#Will ETH follow Bitcoin price trajectory upon its ETF trading available?
GOODMORNING INTERNET PEOPLE ☕️🚀
It's Sunday, so time for some chilling and recharging!
I'm currently making a video, so you are updated about the markets for the coming week.
Stay tuned! 👀

#Will ETH follow Bitcoin price trajectory upon its ETF trading available? #Will ETH follow the price trajectory of Bitcoin once it becomes available for trading in an ETF?
The two currencies I recommend are ETH and KLV.

#Will ETH follow Bitcoin price trajectory upon its ETF trading available?
ETH has been considered a security, so it is significantly different from Bitcoin, which is why it is an ETF.
Since the input text is in Japanese, the translated text in English is: "I can't expect much because it's an investment trust in securities."