Ethereum ETF could be off table
on the X platform, that the United States may be set to deny the introduction of spot Ethereum Exchange-Traded Funds as soon as next month. The information is not yet considered definitive nor confirmed by any officials. Nonetheless, the rumors have gained some credibility given the absence of positive signals regarding the approval of anThe effect of an ETF on a cryptocurrency can be substantial.
An Ethereum ETF, if it had been approved, may not have sparked the same level of market enthusiasm, given Ethereum’s different use cases and investor base, more like traditional stocks.is maneuvering below key levels and has experienced a substantial price drop after traders who anticipated positive ETF news started selling their holdings.ETF is indeed off the table for now, the market may enter a broader correction.
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