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Crypto Clash: Ethereum ETF Eyes Approval as Bitcoin ETF Dominates Spotlight

From blog.bdswiss.com

After the Bitcoin spot ETF got the green light on January 10, 2024, all eyes are now on the Ethereum spot ETF to see if it’ll get the thumbs up too. Franklin Templeton, one of the major investors behind a Bitcoin ETF, just jumped into the Ethereum ETF showdown. It’s like watching a friendly competition between crypto cousins. The interest in Bitcoin exchange-traded funds (ETFs) has surged, with investors putting in over $2.2 billion into these products by the week ending February. 16. This is the highest weekly investment ever seen for Bitcoin ETFs, according to Bloomberg and BitMEX Research data. However, the only ... (full story)

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  • Category: Fundamental Analysis