Impending Ethereum ETF Approval: Andrew Kang Predicts Significant ETH Price Drop

Andrew Kang, founder and partner of Mechanism Capital, recently voiced his concerns regarding the approval of spot Ethereum exchange-traded funds (ETFs) in the U.S. and its potential negative impact on the value of Ethereum (ETH). He believes that unless Ethereum undergoes significant economic improvements, its market value may experience a sharp decline post-ETF approval. Kang