ETH Gas Fee Flashes Inactivity Concerns Before Ethereum ETF Approval

Quick Summary:

However, just before the final decision on ETF approval, the Ethereum gas fee dropped to a two-month low suggesting major inactivity on the Ethereum network.

Ethereum investors are currently sitting on the edge of their seats eagerly awaiting the approval of spot Ethereum ETFs by the U.S.SEC.

Bitwise CLO Katherine Dowling recently said that the Ethereum ETF is currently close to the finish line.

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Article Details

Author / Journalist: Bhushan Akolkar

Category: Crypto

Markets: India

Topics: Ethereum (ETH) Altcoin News Ethereum Gas fee Spot Ethereum ETF Ethereum whales Ethereum Price Forecast Justin sun 24/7 Cryptocurrency News Ethereum Price Prediction

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-12 @ 11:40:13 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 409 words

Reading Time: 3 minutes read

Sentences: 36 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 21584392

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Main Topics: Crypto

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