The approval of Ethereum spot ETFs by the SEC is expected to boost market demand but may have limited price growth potential due to already high valuations. Grayscale's report anticipates strong initial inflows, similar to Bitcoin's ETF launch, but notes that Solana could capture significant market share. The focus is on Layer 2 activities and long-term growth driven by increased user adoption and transaction fees. #Ethereum #ETF #Solana #Blockchain

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