DailyBubble News
DailyBubble News

Ethereum ETF Applicants File Updated S-1 Documents With SEC

Ethereum has been a hot topic in the digital asset sector this year, with the approval of Spot Bitcoin ETFs in January leading to a significant impact on BTC prices. Now, all eyes are on Ethereum ETFs and their potential to drive Ether prices to new highs.

Since the beginning of the year, Ethereum has seen a 50% increase in value, despite a bearish trend in the past month. The upcoming launch of Ethereum ETFs is expected to further boost the price of the cryptocurrency in the coming months.

The excitement surrounding Ethereum ETFs is not limited to the US, as UK-based bank Standard Chartered is set to launch a trading desk for both Bitcoin and Ethereum. This move by the $820 billion bank is a clear indication of the growing interest in digital assets among traditional financial institutions.

As we head into July and August, all eyes will be on Ethereum’s price movements, as the market eagerly awaits the impact of the upcoming ETFs on the cryptocurrency’s value. Will Ethereum hit $4,000? Only time will tell.

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