Ethereum ETFs Approved by SEC, Bringing Popular Funds to Second-Largest Cryptocurrency
Briefly

Packaging ether in an ETF wrapper could make them more palatable to conventional investors.
SEC approved spot Bitcoin ETFs in January, leading to a rapid surge in investments and price increase.
Analysts predict the spot ETH ETF could push ether's price to $6,500, but inflows won't match Bitcoin's.
Steno Research forecasts $15-20 billion inflows within the first year for ETH ETFs, lower than Bitcoin's due to lack of first-mover advantage and strong narrative.
Read at Coindesk
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