This thesis is based upon ether's disruptive ability, progress with the ETF, and VanEck's read of on-chain data.that ether will soar to that lofty level because of Ethereum’s disruptive power and cashflow generated for token holders.
"We anticipate that spot ether ETFs are nearing approval to trade on U.S. stock exchanges," according to the report."This development would allow financial advisors and institutional investors to hold this unique asset with the security of qualified custodians, and benefit from the pricing and liquidity advantages characteristic of ETFs."
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