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How Spot Ether ETF debut may affect Crypto Market

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Exchange-traded funds for spot ethereum (ETH-USD) are anticipated to open for trading on Tuesday, July 23. As many supporters have predicted, the much awaited launch is set to propel ether’s price to unprecedented heights, but traders in the cryptocurrency market seem to be underestimating the full impact. In fact, ether (ETH-USD) fell 1.3% from a month ago as of Friday midafternoon trade.

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