Ancient Ethereum whale has emerged with millions of US dollars worth of ETH today
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Vitalik wished his brainchild a"happy birthday" and added that he is looking forward to what the next decade will bring for Ethereum. Currently, Ethereum is the second largest cryptocurrency in terms of market capitalization. This key metric for Ethereum constitutes $401,446,569,226. As of this writing, ETH is trading at $3,340.
Recently, the U.S. Securities and Exchange Commission approved the launch of spot Ethereum exchange-traded funds . They were released by the same companies that, in January this year, received approval from the SEC to start trading spot Bitcoin ETFs. This notable event, however, has not had any significant impact on the asset’s price. Over the past few days, Ethereum has surged by slightly more than 9%, rising from $3,115 to the $4,000 level. However, ETH was then pushed from there down to the price zone where it is changing hands at the moment. Many Bitcoin maximalists do not believe that Ethereum ETFs will be as successful as Bitcoin ETFs.Yuri is interested in technology and technical innovations.
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