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Many in the crypto market believe that a key change made to some applications for proposed spot-Ether exchange traded funds will be good for the Ethereum blockchain, while putting the prospective ETF products themselves at a disadvantage. Issuers including Fidelity Investments and Ark Investment Management have eliminated plans for “staking” the Ether they ...
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Bitcoin jumped up sharply on May 20, but the price remains inside a range. Typically, traders sell when the price nears the overhead resistance, but the inflows into the spot Bitcoin exchange-traded funds show that buying continues. Farside Investor’s data shows total inflows of $500 million into the spot Bitcoin ETFs on May 20 and 21. However, several ...