Spot Ether ETF Approval Could Propel Ethereum to New Highs
Market watchers believe that the recent approval of spot Bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) could pave the way for the approval of other crypto-backed spot ETFs. One such ETF that investors are eagerly anticipating is a spot ether (ETH) ETF. Several prominent asset managers, including BlackRock, Fidelity, and Franklin Templeton, have already shown support for spot ETH ETF applications, which has bolstered the medium-term price outlook for ether.
Exclusive Access: Unlock Premium, Confidential Insights
Unlock This Exclusive Content—Subscribe Instantly!
Login if you have purchased
