Five Ethereum spot ETFs will be launched on Cboe on July 23
According to a report by Odaily Star Daily, the president of ETF Store stated that the approval of Ethereum spot ETF means that Ethereum is considered a commodity rather than a security.
Five Ethereum spot ETFs are set to launch on July 23 at the Chicago Board Options Exchange (Cboe), with expectations to boost investor interest and prices.
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In the past week, 5,018.84 BTC have flowed out of CEX platforms.

RootData: VANA to unlock tokens worth approximately $4.57 million in one week