The long-awaited Ethereum Spot ETFs are now officially approved in the U.S., marking a major milestone for the second-largest cryptocurrency. This development not only legitimizes Ethereum in the eyes of institutional investors but also paves the way for billions in fresh capital inflows.
Unlike Bitcoin, Ethereum offers yield through staking, giving ETFs the chance to innovate with income-generating products. BlackRock, Fidelity, and Ark are already preparing ETH-based offerings.
This could trigger a supply crunch, as more ETH is moved into cold storage and staking pools. ETH is already outperforming many altcoins, and analysts believe it could reclaim its $5,000 ATH if ETF inflows exceed expectations in Q3.
With Ethereum 2.0 upgrades rolling out and Layer 2s gaining adoption, ETH is set to be the backbone of the next bull cycle.
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