Comment by @dankshard • Hey

Yeah, ETH ETFs sound good but is this enough to move the entire market? So far, even the BTC ETFs haven't been able to do much more than the false promises

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Market started a pretty major rally around Q3 ‘23 into Jan. ETF announcement, then again into March it started pricing in Halving ahead of the event, as markets do. Pullback here is healthy from technical perspective, in my view. Strategy wise, I personally think it makes sense Ethereum would wait til after Halving to push its own narratives. I am bullish on ZKP + L2s (ZKS) lower-fee narrative for the space and markets. + Base doing huge volume around creative apps. Guess we will see shortly. Will they ramp up ETH ETF hype cycle?