The cryptocurrency market is eagerly awaiting the approval of an Ethereum Exchange-Traded Fund. (ETF). Investors have been on the hunt for coins with potential to benefit.
Approval of an Ethereum ETF could be a significant milestone in the cryptocurrency industry. It would open the door to institutional investments and wider adoption.
This is what you should do. articleLet’s look at the top 3 coins you can buy now to prepare for the ETH ETF. These are Ethereum (ETH), Optimism, (OP) and Arbitrum.
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Ethereum (ETH).
Ethereum Investors who want to take advantage of the possible Ethereum ETF approval should choose this option. Ethereum is the leader in smart contracts and decentralized application (dApps). It has also established itself as a backbone for the decentralized financial (DeFi ) eco-system.
ETH is currently trading at $3.789.53 and has seen a 22.07% gain in 24 hours. The 24-hour high was $3.762.00, while the low was $3.078.06. Ethereum’s price has already risen in anticipation of ETF approval. However, if it is approved, ETH prices could rise even more.
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Optimism (OP)
OptimismInvestors and developers are gaining interest in.
OP, currently trading for $2.92 has experienced a 14.69% rise in the past day, from a low of just $2.50 to a maximum of $2.96. Optimism has a great opportunity to profit from increased investment and attention as demand for layer two solutions increases and anticipation builds of Ethereum ETF approval.
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Arbitrum (ARB).
ArbitrumThe optimistic rollups are another solution to layer 2 scaling that is available for Ethereum. It provides a fast, cost-effective environment for DeFi apps and other Ethereum based projects.
ARB is currently trading at $1.19. This represents a 21.98% gain in just 24 hours. The 24-hour high was $1.19 and the low $0.968. ARB’s price could rise further as more projects move to Arbitrum, and anticipation for the Ethereum ETF continues to grow.
The anticipation and excitement generated by the potential approval of an ETH ETF is evident in the community. Investors looking to profit from this milestone are considering ETH as well as Optimism or Arbitrum.
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Source: watcher.guru