# EthEtfsHasBeenApproved

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2024-05-30 06:49

Spot Ethereum (ETH) exchange-traded fund (ETF) approval could have significant implications for the cryptocurrency market in many ways:
1. **Improve Legitimacy**: The approval of a spot ETH ETF will further legitimize Ethereum and the broader cryptocurrency market in the eyes of traditional investors and financial institutions. This could lead to greater acceptance and adoption of cryptocurrencies.
2. **Enhanced Accessibility**: Spot ETH ETF will provide regulated and familiar investment tools for individuals and institutions who may not be willing to directly purchase and hold cryptocurrencie

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GateUser-c9b4b6bf

2024-05-24 10:17

While #Eth Etfs Has Been Approved Bitcoin    Dominance Breaks Rising Wedge Towards Downside In Higher Timeframes Seems Like Altcoib market Finally Ready For Massive Bullish Wave

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Bit360

2024-06-02 12:06

ETHEREUM COULD RISE UP TO 60%, ACCORDING TO QCP CAPITAL
In terms of market impact, Seyffart estimates that Ethereum ETFs could attract approximately 20% of the flows seen by Bitcoin ETFs. In contrast, Balchunas offers a more conservative projection of 10-15%. Since their launch just over four months ago, Bitcoin ETFs have accumulated around $13.3 billion in net inflows. If ETH ETFs capture even a fraction of that success, significant inflows into the Ethereum market could be expected, estimated at up to $2.66 billion.
However, there are concerns about the potential negative impact on the Grays

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Bit360

2024-05-31 15:26

#Will ETH follow Bitcoin price trajectory upon its ETF trading available?
Markets Focus on Fed’s Preferred Gauge PCE Inflation
Traders are now focusing on the PCE and core PCE inflation figures, the U.S. Federal Reserve’s preferred gauge to measure inflation. The U.S. Bureau of Economic Analysis to release key inflation data as that could determine market direction for weeks.
Wall Street expects PCE inflation to come in lower than expected figures. The market estimates annual PCE inflation to come at the same level of 2.7% as last month. Meanwhile, the month-over-month PCE inflation is also e

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