03 Oct 2023
Underwhelming demand for Ether ETFsFailed attempt at front-running by CME traders and a blank canvas as Ethereum futures ETFs disappoint on first trading day.
In this week's Ahead of the Curve:
- We no longer recommend elevated ETH exposure
- Active CME traders tried to front-run ETF launch – but there was nothing to front-run
- No institutional appetite for ETH, yet
- Crypto prices up over the last week despite disappointing ETF launch
- Still a split market view between crypto native futures and options traders