Crypto lifted by ether’s biggest jump since 2022 on ETF hope
Crypto prices have surged on signs of momentum toward US approval of exchange-traded funds investing directly in second-largest token ether, a shift from a more downbeat outlook as recently as last week.
The market-moving speculation about spot-ether ETFs is something of a redux of the investor enthusiasm that greeted comparable US bitcoin funds, whose January listing spurred a rally in the biggest digital asset to a record high.
Bloomberg
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