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Dorothy
@dorothyevans
How could Ethereum’s first spot ETF approval drive its price to $10,000? Ethereum (ETH) is in the spotlight as the crypto world eagerly awaits the launch of the first spot ETH ETF. As of July 2, ETH is priced at $3,447, marking a 0.33% decline in the last 24 hours. ETH hit a monthly low of $3,244 on June 24. Since then, it has rebounded sharply, gaining about 6% since the low. This stronger price action for ETH suggests bullish sentiments as the market anticipates the upcoming ETF launch. However, the U.S. Securities and Exchange Commission (SEC) has decided to delay the much-anticipated launch of Ethereum ETFs.
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