While interest in ether bets has risen significantly, an ETF could create sustained rather than explosive growth for the second-largest cryptocurrency by market value, some traders said. As of Tuesday, Franklin Templeton, BlackRock, Fidelity, Ark and 21Shares, Grayscale, VanEck, Invesco and Galaxy, and Hashdex had submitted applications for an ether ETF.
Source: https://www.coindesk.com/markets/2024/02/27/ether-demand-is-driven-by-us-investors-data-shows/?utm_medium=referral&utm_source=rss&utm_campaign=headlines