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Market
Will Ethereum's price increase by 10% within one month after SEC approval of VanEck's ETF?
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Cryptocurrency price tracking websites (e.g., CoinMarketCap, CoinGecko)
Story
VanEck Files S-1 for Spot Ethereum ETF on July 8, 2024
Jul 8, 2024, 03:26 PM
VanEck has officially filed an S-1 form for its Spot Ethereum ETF with the SEC. The filing, dated July 8, 2024, marks a significant step towards the introduction of a new financial product focused on Ethereum. The ETF aims to provide investors with direct exposure to the cryptocurrency, which is traded under the ticker $ETH. This move is expected to attract considerable attention from both institutional and retail investors, given the growing interest in cryptocurrency-based financial instruments. The filing comes amid a turbulent market environment, with hopes that such products could offer some stability.
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Similar markets
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Ethereum price increases by >10% • 25%
Ethereum price increases by 5-10% • 25%
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Ethereum price increases by over 10% • 33%
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