Trump has 3 main goals with the tariffs:
Economical: it will bring down the stock market -> push up bonds -> lower the interest rates -> ‘cheaply’ refinance $9 trillion debt this year
Geopolitical: put pressure on countries like Mexico and Canada to secure their side of the border, stop bringing in fentanyl, ... The tariffs will also make sure the USA gets things done by other countries. It’s a political weapon.
Strategical: the USA would not be ready for a conflict with let’s say China or Russia to be self-sustainable. The tariffs will boost domestic production of goods and make them not dependent anymore on other countries for certain goods. This makes the USA ready for any situation.
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If #Ethereum hits $1B of volume on the first day and we do an assumption that 20% is net inflow, it would say that there's $200 million of new inflow.
The amount of $ETH issued this year is $160M.
On one day there's more demand in the ETF than there's issued in 2024.