NFTs

DeFi and NFTs dance to the tune of Wall Street — TradingView

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Ethereum, the place where DeFi and NFTs run on smart contracts, is now rubbing shoulders with the big boys of Wall Street, where its bigger brother — Bitcoin — is regularly giving investors a good shake-up to their portfolios.

The second-largest cryptocurrency reached nine exchange-traded funds, or ETFs, in July 2024 when they received the green light from the Securities and Exchange Commission. This decision comes seven months after the launch of spot Bitcoin ETFs.

Packaging a bunch of ETFs with genuine ETHUSD It’s another big step in cryptocurrency’s journey into the financial mainstream. Some of the big issuers expected to lead the charge include Fidelity, Franklin Templeton, Invesco, 21Shares, and VanEck.

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