Hypothesis: Why was Ethereum Lagging?
ETHE had a large discount to NAV
Now that the ETHE discounts have narrowed, the underlying spot assets will be a beneficiary of new capital inflows.
All my buys were concentrated in ETHE for instance.
ETH canβt βcatchβ when the NAV was wide. It was like pushing on a string.
@xcurveth Would the private option go down the route similar to Tornado cash? Anonymous transfers. Could be opening up a can of worms. Could ruin the project