Richard Teng: The Ethereum spot ETF will not have a significant impact in the early stages, but it will achieve stable capital allocation
ChainCatcher news, according to Cointelegraph, Binance CEO Richard Teng stated in a recent interview: "Although we expect these ETFs to receive stable capital allocation, the initial impact will not be significant and will fluctuate based on various macroeconomic factors."
MV Global partner Tom Dunleavy mentioned that the Ethereum spot ETF could see inflows of $5 billion to $10 billion within a few months of its launch.
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