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CoinDesk Podcast Network

MARKETS DAILY: Crypto Update | Crypto Markets Trends as Traders Anticipate Spot Ether ETFs

Jul 17, 2024
Framework Ventures co-founder Michael Anderson discusses the impact of upcoming Spot Ether ETFs, Trump's VP pick, Fed rate cuts, and gaming in the crypto space. The podcast explores how these factors could influence market trends and the future of cryptocurrencies.
09:55

Podcast summary created with Snipd AI

Quick takeaways

  • Spot Ether ETFs launch may shift market balance from Bitcoin to Ethereum.
  • Anticipated Fed rate cuts could lead to increased investment in growth assets like crypto.

Deep dives

Impacts of Spot Ether ETF Launch on Crypto Market

The upcoming launch of Spot Ether ETFs is expected to bring changes to the crypto market, particularly in the balance between Bitcoin and Ethereum. With over 40% of all ETH either staked or used in DeFi, this could impact the price appreciation and market activity as these ETFs launch. Investors are likely to pay closer attention to the Ethereum ecosystem, with potential shifts in inflows and volume between Bitcoin and Ethereum ETFs.

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