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Monochrome Asset Management is making waves with the upcoming launch of its spot Ethereum ETF (IETH) on the Cboe exchange in Australia. Meanwhile, SUI has been one of the standout performers in an otherwise challenging crypto market, with its price surging by 124% over the past month.
On the flip side, BlockDAG’s presale is heating up fast, with the project closing in on a $100 million milestone. Crypto enthusiasts are racing to secure BDAG coins at what could be the lowest price. With projections suggesting BDAG could hit $20 by 2027, the presale is creating a surge in demand as traders scramble to get in before the opportunity slips away.
Monochrome’s Ethereum ETF Set to Launch in Australia
Monochrome Asset Management is set to launch its spot Ethereum ETF (IETH) in Australia on the Cboe exchange, with trading starting on Monday. This comes just two months after the success of its Bitcoin ETF (IBTC). IETH is designed to be investor-friendly, allowing people to transfer their Ethereum into the ETF without paying capital gains tax, thanks to its special trust structure.
While the Australian market may not see the same large inflows as the U.S. ETFs, Monochrome is confident about growing interest in Ethereum investments. The ETF will track the CME CF Ether-Dollar Reference price and have a 0.50% management fee, which can be reduced for accredited advisers. Monochrome believes this new ETF will offer an easy and tax-efficient way for investors to get involved in Ethereum, making it an attractive option for many.
SUI’s Price Surges: Investors Eye New All-Time High
SUI’s price has been climbing steadily, even as the rest of the crypto market struggles. Over the past month, SUI has surged by 124%, and in a 24-hour timeframe, it spiked 20%, while major tokens saw a decline. One big reason for this surge is the announcement that USDC, a major stablecoin, will be launched on the Sui Network.
As the second-largest stablecoin, USDC’s integration is expected to boost on-chain transactions, sparking optimism among investors. Plus, support from a major crypto exchange is helping SUI gain even more attention. Right now, SUI is trading at around $2.01, and all signs point to a strong bullish trend. Many believe that SUI could be heading toward a new all-time high soon.
BlockDAG’s Presale Approaches $100 Milestone
The final stretch of the BlockDAG presale is here, and things are heating up fast as the project has raised nearly $99 million and is closing in on the massive $100 million milestone.
Crypto enthusiasts are rushing to get their hands on BDAG coins before the presale ends, creating a serious fear of missing out as the chance to grab them at this stage quickly disappears. With BlockDAG being one of the top trending cryptos right now, the buzz is at an all-time high, and everyone’s scrambling to secure their share before it’s too late.
Now is the moment for buyers to jump in and score BDAG at the lowest possible price, which is currently at $0.0206 in batch 24. Early traders from the initial batch have already reaped a 1960% ROI. With analysts’ projections pointing to a future price of $20 by 2027, the presale is the ultimate opportunity for anyone looking to maximise potential long-term gains.
The buzz around BlockDAG is undeniable, and each passing day increases the pressure for those still on the fence. As the demand surges, securing BDAG before the presale closes could be the smartest move.
With its strong performance and future price forecasts, BlockDAG is positioning itself as one of the most exciting opportunities in the market. The presale is almost over, and the clock is ticking – making this a perfect moment for traders to dive in.
Key Takeaways: Best Crypto to Buy in 2024
Monochrome’s upcoming Ethereum ETF launch in Australia signals a growing interest in Ethereum investments, providing a tax-efficient entry for investors. Meanwhile, SUI’s remarkable 124% price surge in a challenging market shows its potential to set new all-time highs.
But BlockDAG’s presale takes the spotlight as it closes in on the $100 million mark. With BDAG coins projected to reach $20 by 2027, now is the perfect time to act before the presale ends. With projections of massive future gains, now is the perfect time to act and capitalise on BlockDAG.
Discover More About BlockDAG:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
Source: https://coinedition.com/bdag-inches-closer-to-100m-milestone-more-on-eth-etf-launch-sui-surge/