Eight new Ethereum ETFs are launching on soon, allowing investors to buy Ether like stocks without needing a crypto wallet. These ETFs aim to diversify crypto investments beyond Bitcoin and are expected to attract institutional and retail investors, potentially boosting Ether's price and the broader crypto market.
Just like the BTC ETF that have been previously approved, this is a call for celebration as it edges the world closer to global adoption of cryptocurrency and pretty much most big
players in cryptocurrency should celebrate this.
What do you guys think the ETH ETF will bring? Let me know
Just like the BTC ETF that have been previously approved, this is a call for celebration as it edges the world closer to global adoption of cryptocurrency and pretty much most big
players in cryptocurrency should celebrate this.
What do you guys think the ETH ETF will bring? Let me know
This has been discussed many times before. I don't get what the hype is all about. What makes ETH spot ETFs better than their BTC counterparts? ETH is a big market cap coin, but it's nowhere near close to BTC in terms of mainstream adoption and decentralization. I'd expect a smaller capital influx into ETH spot ETFs compared to BTC spot ETFs.
Despite these facts, I'm certain ETH spot ETFs will trigger a massive boost in market prices. Especially altcoins. Many are talking about Solana ETFs once ETH ETFs receive the "green light" from the SEC. Afterwards, we might be seeing spot ETFs for Litecoin, Bitcoin Cash, Zcash, etc. A big win for holders of these coins if you ask me. With "Wall Street" in the game, many early adopters of crypto will become filthy rich in the future. That's what we want, right?
