Markets are now open and spot Ethereum ETFs are officially available for trading.
After a long wait, Wall Street now has the chance to get a piece of the crypto pie and start trading the recently approved Ethereum ETFs.
These offerings include:
These ETFs are available on three major exchanges – Cboe, Nasdaq and NYSE.
At the time of writing, Ethereum is trading at around $3,500 with no significant price movements over the past 24 hours and has a trading volume of almost $22.5 billion. The biggest altcoin by market cap is currently valued at $422 billion.
John Bollinger, creator of the Bollinger Bands, recently hinted that XRP could become a market leader, marking his first comment on the token in years.
VanEck has taken steps to introduce an exchange-traded fund (ETF) tied to AVAX, seeking approval from U.S. regulators.
Coinbase has recently added the Doginme (DOGINME) memecoin to its asset roadmap, hinting at a possible future listing on the exchange.
Crypto analyst Benjamin Cowen believes Ethereum (ETH) faces a period of hardship before it can recover.