Hedge Funds Anticipate Ethereum ETF Approval as Ethereum Supply on Exchanges Drops

Description

The anticipation for spot Ethereum (ETH) exchange-traded funds (ETFs) is growing among financial circles, with institutions making strategic preparations for the launch. VanEck analyst Matthew Sigel highlights that hedge funds are actively positioning themselves ahead of the potential regulatory approval of ETH ETFs in the United States. Sigel references data from K33 Research, noting a