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Ethereum heats up over key ETF decision. Heres what you need to know.
Crypto is getting popular again.
Many of the same entities — large investment companies such as BlackRock, VanEck, and Ark — also filed for a spot Ethereum ETF, with deadlines for SEC's approval or denial starting on May 23. And up until a few days ago, analysts largely believed that the ETFs would be denied, given SEC's previous reluctance to provide clear guidance over whether ETH is a security or not. But with BlackRock launching a tokenized version of its money-market fund on Ethereum, it's getting easy to envision a future in which a big chunk of global finance exists on the blockchain.
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