OX.FUN founder Zhu Su recently shared his thoughts on Ethereum's long-term prospects, stating that he believes the cryptocurrency has already experienced a significant decline. During a Space event on July 26, Zhu Su expressed his opinion that Ethereum has "died" by 60% in the long term, sparking debate and discussion within the cryptocurrency community.

Zhu Su's comments were echoed by OX.FUN partner @0xyima, who noted that the timing of the Ethereum spot ETF launch may not be ideal. With the Bitcoin ETF having launched six months prior, @0xyima suggested that significant funds may be allocated to the Bitcoin spot ETF first, potentially overshadowing the Ethereum spot ETF. This could result in the Ethereum spot ETF being "neglected" in favor of its Bitcoin counterpart.

The comments from Zhu Su and @0xyima highlight the challenges facing Ethereum as it navigates the ever-changing cryptocurrency landscape. As the Ethereum spot ETF prepares to launch, it will be important to monitor its progress and assess its impact on the market. With the Bitcoin ETF already established, Ethereum will need to work to attract investors and secure its place in the market.

The launch of the Ethereum spot ETF is a significant development for the cryptocurrency, but its success is far from guaranteed. As Zhu Su and @0xyima have pointed out, the timing of the launch may not be ideal, and Ethereum will need to work to overcome this challenge. With the cryptocurrency market constantly evolving, it will be important to stay up-to-date on the latest developments and assess their impact on Ethereum's long-term prospects.

As the cryptocurrency community continues to debate the merits of Zhu Su's comments, one thing is clear: Ethereum faces significant challenges in the long term. With the launch of the Ethereum spot ETF on the horizon, it will be important to monitor its progress and assess its impact on the market. Will Ethereum be able to overcome the challenges it faces, or will it continue to decline? Only time will tell.