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Du Jun: Opening of Pledge Function for US Ethereum Spot ETF is Super Bullish for Ethereum

Summary: Du Jun, co-founder of ABCDE, stated on social media that the opening of the pledge function for the US Ethereum spot ETF is super bullish for Ethereum. With reduced supply and increased demand, ETH pledge enhances the ETF's income attributes, similar to stock dividends, attracting more institutional and retail funds. Competitors like BlackRock are expected ...

Du Jun, co-founder of ABCDE, stated on social media that the opening of the pledge function for the US Ethereum spot ETF is super bullish for Ethereum. With reduced supply and increased demand, ETH pledge enhances the ETF's income attributes, similar to stock dividends, attracting more institutional and retail funds. Competitors like BlackRock are expected to follow suit, with the influx of funds into various Ethereum ETFs projected to exceed $10 billion within the next year.

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Link: Du Jun: Opening of Pledge Function for US Ethereum Spot ETF is Super Bullish for Ethereum [Copy]

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