Matrixport co-founder: ETH/BTC may drop to 0.05 before rising to 0.06

ChainCatcher news, Daniel Yan, founder of Kryptanium Capital and co-founder of Matrixport, stated on social media that while the price of ETH may benefit in the long term, due to the steep learning curve of ETH and the lack of proof-of-stake rewards, we may see continued net outflows from the ETH trust fund (ETHE) rather than net inflows.

He mentioned that ETH/BTC may first drop to 0.05 before rising to 0.06.