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Ethereum ETF Greenlight Signals Path for More Crypto Investment Funds: TD Cowen
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Yes, this recent news signals a shift in attitude towards cryptocurrency investment funds. This comes after the SEC approved the first U.S. Bitcoin-linked ETF earlier, which invariably paved the way for Ethereum and potentially other altcoins in the future.
TD Cowen analyst Chris Kettenmann suggests that this development may herald a new era for cryptocurrency investment, enabling broader and more mainstream investment in this digital asset class.
An Ethereum ETF approval means that investors can gain exposure to this particular cryptocurrency without the need to