JPMorgan sees spot Ethereum ETFs trading before 2024 elections amid political gainsJPMorgan said crypto has become "an increasingly political issue ahead of the 2024 US presidential election."Happy Friday!The global crypto market cap is $2.54 trillion, with a 24-hour volume of $125.78 billion. The price of Bitcoin is $68,257.07, and BTC market dominance is 53.0%. The price of Ethereum is $3,720.63, and ETH market dominance is 17.6%. The best-performing sector is Education, which gained 8%. The Crypto Fear & Greed Index is currently Greed (74). 📰 Top NewsJPMorgan sees spot Ethereum ETFs trading before 2024 elections amid political gainsJPMorgan said crypto has become "an increasingly political issue ahead of the 2024 US presidential election." 👀 Metric of The DayThe circulating supply of Tether (USDT) has reached an all-time highTether (USDT) is nearing a circulating supply of $112 billion, representing the total amount of all coins ever created and issued. Ethereum ETF approval will set stage for Solana ETF, commodity classificationIndustry experts, including Bernstein, believe Ethereum securing spot ETF approval will pave the path for Solana ETFs and commodity classification. SEC approves Ethereum ETFs, aligning ETH closer to commodity in industry winEthereum's commodity classification gains ground with SEC's landmark ETF approval, boosting investor interest. Bipartisan push for Ethereum ETF gains momentum in CongressLawmakers argued that approving the spot Ethereum ETFs would demonstrate regulatory consistency. Ad: Institutional Money Is Flowing Back Into Crypto – Here’s How Margex Copy Trading Helps You to Approach the MarketsLeveraging institutional momentum, Margex's redesigned platform empowers retailers with expert trade replication and zero-fee conversions. 📈 Latest Insights
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JPMorgan sees spot Ethereum ETFs trading before 2024 elections amid political gains