Sean Farrell, head of digital asset strategy at Fundstra, said in the latest client report that "friends and family" are starting to ask about cryptocurrencies again. From the perspective of quantifiable market indicators, the current situation does not show a bubble that rebounded in March or a cyclical peak in late 2021. For example, the current Kimchi Premium indicator data in the Korean market is about 0%, indicating that Korean traders lack excessive excitement. Normally, if the market reac...
Sean Farrell, head of digital asset strategy at Fundstrat, said in a report that expectations for ETH spot ETFs were overly pessimistic. Hedge funds pursuing so-called foundational trades - designed to exploit the difference between the spot and futures markets - will drive ETFs.