After years of waiting, the spot Ethereum ETF has finally been approved in the U.S., and this could mark a turning point for the second most important crypto asset in the market.
👀 What does this mean for you as an investor?
Greater institutional adoption
Less volatility (or not?)
Potential for an upward price in the medium term
📊 Some analysts compare this moment to what happened with the Bitcoin ETF in early 2024, which caused a sharp price increase weeks later.
💬 Do you think ETH could reach $10,000 in this new cycle? Or is everything already “priced in”?
Comment below, share your analysis, and don't forget to follow me for more updated crypto content.
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The price rose driven by large burns (~1.6 M $BNB, ~ 1,000 M USD) and key improvements in the BNB Chain network: more speed, more capacity, and collaboration with Ondo Finance in the tokenization of stocks and ETFs. This rally potentially opens a new bullish cycle 🔥
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