The approval of the Ethereum spot ETF is expected to attract $569 million in monthly inflows, driven by strong interest from investors and promotional efforts by companies like Hashdex, VanEck, and Bitwise. Despite the anticipated positive impact, some analysts warn that the initial market reaction may be subdued without staking rewards. Ethereum's recent price increase and reduced exchange-held ETH levels signal bullish sentiment. #Ethereum #ETF #CryptoMarket

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