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TechFlow reported, citing a recent Matrixport report, that 15 minutes after the "fake news of SEC approving ETFs" was released, funds shifted from Bitcoin to Ethereum. This could be due to short covering in Ethereum futures. If Bitcoin ETFs are approved, investors may turn their attention to Ethereum, and Ethereum might outperform Bitcoin as the upcoming May 2024 deadline for potential Ethereum ETF approval becomes a focal point.
Matrixport's latest report指出， "fake news about SEC approving ETF" after 15 minutes, funds shifted from Bitcoin to Ethereum. This could be short covering in Ethereum futures. If Bitcoin ETF is approved, investors may turn their attention to Ethereum, and Ethereum's current performance might outperform Bitcoin, as the upcoming May 2024 deadline for Ethereum ETF approval would become the focus.
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