ETH Price Shoots 5% As Whale Activity Spikes Ahead of Ethereum ETF Approval

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ETH Price Shoots 5% As Whale Activity Spikes Ahead of Ethereum ETF Approval - CoinGape

Quick Summary:

As we bid adieu to a dull and boring Q2, the broader cryptocurrency market is showing a healthy bounce with the Ethereum (ETH) price surging by 5% shooting all the way past $3,500 levels.

This development comes as whale activity spikes ahead of the spot Ethereum ETF scheduled to come next week on July 8.

ETF Store President Nate Geraci has stated that the S-1 revisions are relatively minor while suggesting that the regulators can approve issuers for trading within the next 14-21 days.