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Michael Silver: Approval of Ethereum ETF is good news for Bitcoin Michael Silver, the founder of MicroStrategy, believes that the recent approval of Ethereum exchange-traded funds (ETFs) by the US regulator is also good news for Bitcoin.This,he says,will help institutional acceptance of investing in digital currencies.
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Following the release of the news that 8 Spot Ethereum ETFs were authorized to be listed on exchanges designated by the SEC on May 23, he said that these funds are "another line of defense for Bitcoin."
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