#Quick News# The Ethereum ETF application process has advanc

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#Quick News# The Ethereum ETF application process has advanced, and the price of ETH has soared to $3,800, up about 20%. Bloomberg ETF analysts have raised the probability of approval from 25% to 75%. The impact of this news on decentralized finance (DeFi) is more far-reaching than the approval of the Bitcoin ETF. The approval of the ETH ETF will promote the legalization of altcoins and enter the next stage of the bull market rebound. Ethereum Layer 2, such as Optimism and Arbitrum, and DeFi veteran projects such as Uniswap and Aave are expected to benefit from this. However, Ethereum competitors, such as Solana, may perform poorly in the environment after the approval of the ETH ETF. At the same time, the approval of the ETH ETF may also bring more risks, and investors need to strengthen safety precautions to avoid getting caught up in the excitement and momentum when the market rises.

#Quick News# The Ethereum ETF application process has advanced, and the price of ETH has soared to $3,800, up about 20%. Bloomberg ETF analysts have raised the probability of approval from 25% to 75%. The impact of this news on decentralized finance (DeFi) is more far-reaching than the approval of the Bitcoin ETF. The approval of the ETH ETF will promote the legalization of altcoins and enter the next stage of the bull market rebound. Ethereum Layer 2, such as Optimism and Arbitrum, and DeFi veteran projects such as Uniswap and Aave are expected to benefit from this. However, Ethereum competitors, such as Solana, may perform poorly in the environment after the approval of the ETH ETF. At the same time, the approval of the ETH ETF may also bring more risks, and investors need to strengthen safety precautions to avoid getting caught up in the excitement and momentum when the market rises.

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