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  5. ETHQ: Ethereum has dropped from a high of $4100 to below $2600, could you please explain why, also when Bitcoin has generally stayed in the $100k range? [3iQ Ether Staking ETF]

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Q: Ethereum has dropped from a high of $4100 to below $2600, could you please explain why, also when Bitcoin has generally stayed in the $100k range? Is this a buying opportunity? If it is, is there a Canadian ETF to put money into? Thanks in advance. Also, many thanks for your answer on my previous question on BTC, it was extremely detailed and well thought out.
Asked by K on February 11, 2025
5i Research Answer:
ETH saw a large liquidation event the night before US tariffs were to be imposed on Canada,...

Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in ETHQ, ETHA.

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