Neutral
Seeking Alpha
10 days ago
ETHW: Buy The Reset, Tolerate The Volatility
Bitwise Ethereum ETF (ETHW) offers direct ETH exposure with a low 0.20% expense ratio, using Coinbase Custody for secure asset storage. Derivatives market analysis suggests the worst of the ETH correction is behind us, with leverage largely purged and limited downside expected. ETH is likely to consolidate between $3,300 and $2,800 in the short term, forming a base for a potential new upward stage.