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The potential for a positive outlook on Ethereum (ETH) ETFs and the relatively low ETH to Bitcoin (ETHBTC) price ratio are strong reasons to consider increasing ETH exposure in the upcoming months. I did this by swapping BTC to ETHE over a month ago. 

ETHBTC has shown some strength recently despite trading near range lows. Active ETH ETF filings remain in progress, signaling promising possibilities for futures-based ETH ETF approvals in the US. With ETHBTC still trading below 0.065, there's an attractive risk-reward balance for temporarily increasing ETH exposure in the next two months. Similar to BTC ETF filings, ETH filings have specific timelines, with deadlines that are shorter due to their basis on the 1940-act. The Valkyrie deadline is October 3, while others fall between October 16 and 18.

Chart above shows mean reversion, trend, and IADSS.... which signaled a buy at .061

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Comments

Anonymous

Thanks James! I will try to mirror you with a swap from MSTR into ETHE and see what happens over the next 3 months. Good luck to us all.

Anonymous

Kraken Pro has ETH/BTC pair so will monitor that! Swap ETH to BTC at 0.061?

Anonymous

Hey James, take a look at the bigger picture on the weekly and monthly charts before you do any moves! It looks to me like a bigger downturn is to come

Anonymous

I’ve been in an ETH or ETHE mood this week as well.