The Ethereum ETF has no effect on Ethereum. No one buys Ethereum on the US stock market, with a turnover of less than 100 million US dollars. The Bitcoin ETF has a turnover of 500 million US dollars, which is like a small Karami compared to the exchange. The spot trading volume of Binance BTC/USDT alone was 4.1 billion US dollars, with a contract value of 30 billion US dollars; ETH/USDT spot worth 5 billion US dollars, contract worth 40 billion US dollars. All exchanges add up to billions of dollars.