Mar. 12 at 8:58 PM
$ETH.X So much money is going to flow into the new Blackrock staking ETF.
$ETHB I think it will hold double the ETH of the existing Blackrock ETF (holds 3.2 million ETH tokens currently) by the end of the year.
Some will be swapping out of one into the other, but that will only make things messy for a few days. And many of those left the non-staking ETF's weeks or month ago to have cash in hand for the new one. Net/net It will be massive upward pressure.