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Matrixport: If the Ethereum ETF is approved, the best trading strategy is to "buy SOL/ETH"

On May 21st, Daniel Yan, founding partner of Matrixport and co-founder of Kryptanium Capital, said on the X platform: "If the Ethereum ETF is approved within two days, although the popular trade will be" buy Ethereum ". But Ethereum has risen almost 20% in the past 24 hours. In addition, Bitcoin has fallen 15% in the weeks following its approval on January 10th. I would argue that a better trade would be: buy SOL/ETH. Because: 1. If the Ethereum ETF is approved, SOL will be the next top cryptocu...

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2024-05-21 16:51:21