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Crypto strategist Michaël van de Poppe believes that Ethereum (ETH) is close to witnessing a big trend shift. Van de Poppe tells his 717,600 followers on the social media platform X that he doesn’t expect the U.S. Securities and Exchange Commission (SEC) to approve pending applications for spot Ethereum exchange-traded funds (ETFs) in the coming weeks. The ...
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The week in the U.S. Spot Bitcoin ETFs unfolded with a mix of enthusiasm and setback. On Friday, Grayscale reported over $100 million in outflows, which even could have led to the subsequent Bitcoin price crash. However, these ETF products managed to garner over $116 million in inflows this week owing to the week’s great start. The week commenced on a high ...