Summary
Interest in ether ETFs is growing, with multiple major investment firms submitting applications. Traders believe an ETF could lead to sustained growth for the cryptocurrency, rather than just short-term spikes.
Key Points
1. Interest in ether bets has significantly increased, leading to potential growth for the second-largest cryptocurrency by market value.
2. Some traders believe that an ETF for ether could create sustained growth rather than explosive growth.
3. Several major financial institutions have submitted applications for an ether ETF, indicating growing interest and potential investment opportunities in the cryptocurrency market.