TL;DR - ETH ETFs will eventually happen but expect volatility and play safe frens
There have now been four SEC applications for a spot Ether ETF, including the latest one from a partnership between Galaxy Digital and Invesco (one of the biggest players in the ETF space).
If successful, it would mean much higher accessibility to ETH.
But it’s also quite possible that the application process results in very volatile price action as the boomers try to figure out exactly how this would work and be safeguarded.
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