Since the spot bitcoin ETF commenced trading in the U.S. in January, bitcoin has jumped 56% and ether 38%.
When the ether ETF begins trading, more traditional-type investors may get price exposure to ether, but will their financial buy-in do anything to spur on adoption of the Ethereum network?
The ETFs will undoubtedly bring validity to the asset in the eyes of traditional investors. But is there a straight (or even curved) line from a financial advisor buying the ether ETF in an IRA for a client to the advisor eventually staking their ether to the advisor buying the latest and greatest ERC-20 memecoin?
The SEC did just recently drop their case against Consensys after the Ethereum software company sued the SEC in April, alleging that the regulator was investigating whether Ethereum, post-Merge, might be a security.
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