Ethereum gas fee at multi-month low, will this impact ETH ETF?
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As seen in economics, a higher supply over demand leads to a decrease in the value of a digital asset. For Ethereum, this means investors holding the coin will see a decrease in the value of their investment.The CryptoQuant analyst concludes by asking if Ethereum’s current calm can be preparation ahead of spot ETF approvals. In hindsight, this could be the case because investors tend to avoid making investments ahead of a big announcement.this week, as reported in our previous article.
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