VanEck has decided to close the Ethereum's Future ETF

[Faisal2202]

VanEck has decided to close the Ethereum's Future ETF

On Sept. 6, Vaneck announced its decision to close and liquidate the Vaneck Ethereum Strategy exchange-traded fund (EFUT). The liquidation comes after evaluating key factors, including performance and investor interest. The firm noted that shareholders will have until September 16, 2024, to sell their shares before delisting.

Source
Now we will see an increase in the demand of their spot ETH ETF (ETHV) as investors will be moving their funds from Future ETF to Spot ETF (those were still in future eth etf) as most of the people were investing only in spot ETH ETF and due to management and liquidity problems (they say) they have to close the future etf and now they will be focusing on spot etf which worth around ($63 million) at 6th September and as of today we can see on coinglass that the ETHV etf got increments.

What do you guys think about it. Is it a bullish news for ETH price, or it will have no impact on ETH price but will have impact on ETHV share only.