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Ethereum's price surged 29% following reports of potential SEC approval for Ether ETFs, but why hasn't it rocketed further? 🤔

In this video, we dive into the two key reasons why ETH's price has stalled despite the hype. 💥

🔍 Reason 1: 'Buy the Rumor, Sell the News' - Many investors bought ETH in anticipation of the ETF approvals, leading to an initial surge. Now, with the news out, the excitement has simmered down.

📄 Reason 2: Pending ETF Launches - Although ETFs have been approved, they haven't launched yet. The capital inflow from ETFs will start only after a comprehensive S-I filing is completed, detailing the firm's financials, risk profiles, and securities.

Join us as we explore these insights shared by Zach Rines and other experts, and understand what's next for Ethereum's price movement!

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Disclaimer:
The content provided in this video is for informational and educational purposes only and is not intended as financial or investment advice. The views expressed in this video are those of the hosts and guests and do not necessarily reflect the position of The Runway. Viewers are advised to conduct their own research and due diligence or consult a professional financial advisor before making any investment decisions.

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