Markets Surge as BlackRock Files ETH Spot ETF
The Breakdown
BlackRock's ETH Spot ETF Filing Impact, Ethereum Rise, Bitcoin Liquidations, and CME's Rise as Largest Trading Venue
This chapter discusses the impact of BlackRock filing for an Ethereum spot ETF, including the initial sell-off followed by a strong recovery in Ethereum's price. It also explores the effects on other coins, Bitcoin, market liquidations, the rise of CME as a trading venue for Bitcoin futures, and skepticism about the Bitcoin rally.
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