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Home ยป Investor Anticipation of ETF Approvals Boosts Ethereum Demand
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Investor Anticipation of ETF Approvals Boosts Ethereum Demand

By adminMay. 26, 2024No Comments1 Min Read
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Investor Anticipation of ETF Approvals Boosts Ethereum Demand
Investor Anticipation of ETF Approvals Boosts Ethereum Demand
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Earlier this week, Ethereum experienced a remarkable surge, with its value skyrocketing by 25% in a mere two days, reaching an impressive peak of over $3,900. This surge was ignited by the astute analysis of Bloomberg ETF experts, who raised the probability of the SEC approving the funds from a modest 25% to a staggering 75%. Notably, CryptoQuant unveiled that the price of Ethereum received a substantial boost from both investors in the perpetual futures market and the steadfast holders of this digital currency. For the most up-to-date news in the world of technology, make sure to visit NEWSLINKER.

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