K33 Research: Ethereum ETF may absorb 1 million ETH

ChainCatcher message, K33 Research's latest report shows that the market is still in a range-bound fluctuation with low volatility, but traders' positions reflect a moderate excitement for the Ethereum ETF. Although the ETH market has been relatively calm this week, the inevitable launch of the Ethereum ETF is expected to follow a similar (explosive) path as Bitcoin, with an expectation that the Ethereum ETF could accumulate over 1 million ETH.