📣 VanEck has taken a significant step towards launching a spot Ethereum (ETH) ETF, filing Form 8-A and hinting at a possible S-1 registration soon. This move signals growing interest from major financial institutions in crypto investments, particularly Ethereum. 💼🚀

Historically, over 80% of initial crypto spot ETF investments came from retail investors. This shift towards institutional investors could mean more cash inflow and stability in the crypto market.

What are your thoughts on this development? Do you see more institutions investing in crypto ETFs? Share your thoughts below! 👇