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ETF euphoria. Crypto market participants have become infatuated with spot Bitcoin ETFs after an acceleration in inflows last month helped place BTC within 8% of all-time highs.
The industry is flush with opinions these days on whether spot Ether ETFs will receive SEC approval, but the decision already appears to be settled! Is Wall Street about to wake up to another crypto asset?
Mike Novogratz, CEO of crypto investment firm Galaxy Digital, made his opinions on the matter public this week, stating that he sees spot ETH ETFs receiving approval sometime this year in a Bloomberg interview.
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