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Leverage AI to improve ad targeting and drive more qualified traffic to your site ✌️【Career Development】✌️High returns await! Invest ₹500 and start seeing profits grow exponentially each month.Spot ether (ETH) exchange-traded funds (ETFs), once cleared for trading in the U.S., could see net inflows of as much as $5 billion in the first six months, crypto exchange Gemini said in a Monday research report.The flows, when combined with the current Grayscale Ethereum Trust (ETHE) assets under management (AUM) give a total AUM for spot ETH ETFs in the U.S.
Leverage AI to improve ad targeting and drive more qualified traffic to your site ✌️【Career Development】✌️High returns await! Invest ₹500 and start seeing profits grow exponentially each month.Of $13 billion-$15 billion in the first six months, the report said.Gemini noted that ether’s market value relative to bitcoin remains close to multiyear lows, and the inflows could improve ether's relative standing.“Given the AUM comparable in international ETF markets, robust on-chain dynamics, and differentiating factors such as a thriving stablecoin environment, there is favorable risk-reward of an ETH catch-up trade in the months to come,” Gemini said.Ether spot ETFs are expected tobegin tradingin the U.S.
in the coming months after the Securities and Exchange Commission (SEC) approved initial filings from issuers in May.
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