The SEC has moved forward with NYSE’s request to list Bitwise Bitcoin and Ethereum ETF. This development signals a potential shift towards mainstream acceptance of cryptocurrencies.
In a notable move, a staggering $745 million has been invested in Bitcoin and Ethereum ETFs in just one day. This influx of big money reflects growing confidence in the future of digital assets.
Investors have recently cashed in on over $2.5 billion in profits as Ethereum experiences a nearly 10% decline in value. Despite this setback, the overall outlook for Ethereum remains positive, with experts predicting a rebound in the near future.