Why can the approval of ETH spot ETF bring so many benefits to ETH?
ETFs make it easier for investors to purchase ETH, increasing demand and potentially pushing up prices. ETF enhances the market trust of ETH and attracts more institutional and traditional investors. ETF trading activities enhance market liquidity and reduce the impact of large transactions on prices. Increase the exposure and acceptance of Ethereum in traditional financial markets and attract more types of investors. A large amount of financial support is flowing in through ETFs to promote the development of Ethereum projects and ecosystems. Therefore, the approval of an Ethereum spot ETF can significantly increase the demand, security, liquidity, market participation and overall value of ETH, and promote the growth of the Ethereum ecosystem.
