All coins is down but link coin presently 5.60% is #Write2Ea | X-huzaifa on Binance Square

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All coins is down but link coin presently 5.60% is #Write2Earn #link #TrendingTopic

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#Write2Earn #TrendingTopic $ETH Ether Traders Target $3.5K as ETH Jumps on ETF Expectations Several traditional financial firms are vying for an ether exchange-traded fund in the U.S., a move that is boosting the token’s medium-term outlook.Ethereum broke above $2,700 for the first time since May 2022. “The 15% rise in less than nine days suggests impressive buying interest after the bulls reloaded their positions in January,” one analyst said.January,” one analyst said. The ether (ETH) price rose through the $2,700 mark early Thursday for the first time since May 2022 as traders bet on the possibility of a spot ETH exchange-traded fund (ETF) approval in the U.S., a move that could boost its institutional appeal. As of Thursday, Franklin Templeton, BlackRock, Fidelity, Ark and 21Shares, Grayscale, VanEck, Invesco and Galaxy, and Hashdex, had all submitted applications for an ether ETF. They already offer spot bitcoin (BTC) ETFs, which were introduced mid-January. Since then, the funds have accumulated $11 billion worth of BTC and helped propel the price of the largest cryptocurrency through $52,000.

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