US Spot Ether ETF Approval Another Step Towards Mainstream Adoption of Digital Assets
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Escrito por WisdomTree el 27.05.2024
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Ethereum (ETH, or ether) has seen a significant price uptick, rising over 25% over the past week. This was primarily driven by increased speculative activity around the potential approval of a spot ether exchange traded fund (ETF) in the United States, demonstrated by higher trading volume and futures open interest leading up to the Securities and Exchange Commission’s (SEC) decision on May 23rd.
