Ethereum ETF Interest Surges as Crypto Market Shifts Focus from Bitcoin Approval
The recent approval of a Bitcoin exchange-traded fund (ETF) has grabbed the attention of the crypto market. However, the short-term price movement of most digital assets suggests that the event was a classic case of “buy the rumor, sell the news.” Interestingly, the conversation around ETFs has now shifted towards the possibility of a similar product for Ethereum (ETH), the second-ranked cryptocurrency by market capitalization.
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