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Some more great news in crypto! Ethereum was staying behind in this crypto rally, however the other day it got verified that BlackRock, the 3rd greatest property manager worldwide, applied for a spot Ethereum ETF! The cost of ETH started increasing hard on this news. What effect could such an ETF have on Ethereum and the rest of the crypto market?
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It is no longer a story that the world is experiencing a global economic crisis, I am very happy that I received 11.6 BTC from my 2.5 BTC investment every 10 days…🙏
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Some highlights!
00:01 BlackRock filed a spot ETF for Ethereum, a significant moment for the cryptocurrency.
01:06 Ethereum outperformed Bitcoin by 10% due to BlackRock’s spot ETF filing.
02:13 BlackRock and eyShares filed for an Ethereum ETF, suggesting a potential boost for altcoins in the coming weeks.
03:26 BlackRock filed for an Ethereum ETF with the SEC, joining four other contenders.
04:38 Ethereum waking up after underperforming Bitcoin and other altcoins.
05:43 Ethereum is expected to have a similar cycle as in the past, following the path of Bitcoin.
06:48 Massive 14% candle in Ethereum after BlackRock Ethereum ETF filing news.
07:59 Approval of Bitcoin ETF could turn the spotlight back to Bitcoin