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Investing in Ethereum ETFs: What to Know
Ether’s (ETH) price is fast approaching its highest in two years as the second-largest cryptocurrency by market value is having a similar bull run to bitcoin’s last year. Investors are bidding up the price of ETH, the cryptocurrency of the Ethereum blockchain protocol, in hopes that the Securities and Exchange Commission (SEC) will approve a spot ether exchange-traded fund, which would presumably drive ETH higher as spot ETF approval has done for bitcoin in 2024. Such hopes, and a growing investor embrace of digital assets have already fueled a more than 65% increase in ether’s price year to date, more than ... (full story)
