Mark Yusko of Morgan Creek Capital throws us a curveball. He’s predicting a delay in the much-anticipated launch of a spot Ethereum ETF. But don’t let that dampen your spirits! There’s still plenty of action in the crypto world, with Cardano and Borroe Finance ($ROE) attracting investors like bees to honey. Let’s unpack this latest crypto saga.
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Spot Ethereum ETF: A Bumpy Road Ahead?
While the crypto community was abuzz with excitement over the recent spot Bitcoin ETF approval, Yusko’s throwing in a dose of reality. He reckons the odds of a spot Ethereum ETF getting the green light this year are less than 50/50. Despite Bloomberg ETF analyst Eric Balchunas’s more optimistic view, Yusko points out the SEC’s general wariness towards cryptocurrencies and its possible classification of Ether as a security, not a commodity. This could mean we’re in for a longer wait than anticipated.
Cardano: The New Investment Hotspot
As Ethereum faces its

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