CoinShares’ report on Monday showed that crypto ETFs experienced over $1.44 billion in net inflows last week as most traditional investors saw the market drawdown as a potential buy-the-dip opportunity.
Ethereum ETFs to launch next Tuesday. Here’s why ETH's price could be set to explode Ethereum is up nearly 7% on Monday following updates from Bloomberg analysts that the Securities & Exchange Commission would potentially greenlightspot ETH ETFs to launch next week Tuesday.
The increased inflows across global Ethereum investment products also align with the new development, as traditional investors seem to be preparing for a potential rally ahead of the launch.
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