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Tag: Ethereum’s lackluster

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Ethereum’s lackluster performance has little to do with spot ETH ETF approval

Ether’s price performance is hindered by stagnant network use, high fees and regulatory uncertainty. The Ethereum spot exchange-traded fund (ETF) was approved by the U.S. Securities and Exchange Commission (SEC) on May 23. Despite this long-awaited decision, the price of Ether  failed to hold above $3,800 on May 24, which was surprising given that ETH was…
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