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Ethereum price surged above $3,850 twice in the last 48-hours, as bullish investors front-run influx of funds into the newly-approved ETH spot ETFs. On-chain data analysis explores how whale investors are positioned for the next market phase. Ethereum Whales Invest $2 Billion in 5-days: On May 23, US Securities and Exchange Commission (SEC) approved spot ...
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Celebrating the approval of its spot Ether exchange-traded fund (ETF), asset manager VanEck has released a 37-second advertisement urging viewers to “Enter the ether.” The ad was posted on X on May 23, approximately 30 minutes after the Securities and Exchange Commission approved its 19b-4 filing for a spot Ether ETF. This approval was alongside those for ...