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Showing posts with the label <br><br> 1. #ethereumETFs 2. #etherprice 3. #altcoinmarket 4. #cryptosurge 5. #altcoingains 6. #cryptointerest 7. #ETHperformance 8. #digitalassetfuture

Despite Ethereum ETF Approvals, ‘Altcoin Season' Remains Far Off

ETF Approvals and Ether's Performance Many crypto enthusiasts were eagerly anticipating the SEC's decision on the various ethereum ETF filings. So far, the SEC has approved four 19b-4 filings for spot ethereum ETFs, including those from VanEck, First Trust, WisdomTree, and Valkyrie. These ETFs will track the price of ether, the second-largest cryptocurrency by market capitalization. Ether's Price Surge Following the ETF approvals, ether's price has seen significant gains, reaching a new all-time high of over $4,300. This surge has been attributed to the increased interest in the cryptocurrency market, as well as the growing demand for ether as the backbone of the booming decentralized finance (DeFi) sector. The Delayed Altcoin Season Many analysts predicted that the approval of ethereum ETFs would lead to an altcoin season, in which alternative cryptocurrencies would see a surge in price. However, this has not yet materialized. While some altcoins have seen mi...
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