Ether Hits $3K for First Time in Nearly 2 Years Amid Rising ETH ETF Excitement
A potential spot ETH ETF approval would boost the second-largest crypto’s appeal among more conservative, institutional investors.
A potential spot ETH ETF approval would boost the second-largest crypto’s appeal among more conservative, institutional investors.
The bank’s survey of over 4,000 traders found that 78% of the participants do not plan to trade cryptocurrencies, while just 12% plan to do so in the next five years.
The rare signal indicates that institutions have long exposure but not via spot, one observer said.