ProShares has recently submitted an S-1 filing for a spot Ethereum ETF, further enhancing the involvement of BNY Mellon and Coinbase in the cryptocurrency market. This move signifies a growing interest in Ethereum and its potential as an investment option. The collaboration with BNY Mellon and Coinbase highlights the increasing mainstream acceptance of cryptocurrencies and their integration into traditional financial services. This development is a positive step towards providing investors with more options for diversifying their portfolios in the ever-evolving digital asset space.
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