Ethereum ETF Approved ! Now What?
Read summaryThe big news is that the SEC has approved an Ethereum ETF, including companies like Black Rock and Fidelity. Despite the approval, the price of Ethereum hasn't seen a significant increase yet. The approval process for these ETFs can take a few weeks to a few months before they start trading. This approval is important as Ethereum is the foundation of many real-world use cases in the crypto space. It is also the primary platform for stable coins and DeFi, worth over $150 billion. The approval of these ETFs could have a big impact on the market once they start trading. Investors are excited about the potential growth in the market and the opportunities that this approval brings. So, while the price of Ethereum may not have skyrocketed yet, the future looks bright for the crypto market with these ETF approvals 🚀📈.
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