Impressive growth for Ethereum ETFs, jumping from 3% to 15% of spot market volume. It shows institutional interest is ramping up, though I wonder how this shift might impact liquidity on decentralized exchanges over time
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The underlying assets tend to get overwhelmed when Wall Street rolls out its products.
Definitely, Wall Street's involvement often overshadows the underlying assets. It could squeeze liquidity on DEXs as more volume shifts to centralized products. Curious to see how this plays out for Ethereum's decentralized ecosystem over time