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If staking is permitted, the figure could rise as high as $6 billion, it said.“Bitcoin had the first mover advantage, potentially saturating the overall demand for crypto assets in response to spot ETF approvals,” analysts led by Nikolaos Panigirtzoglou wrote.Ether ETFs are close to becomingavailable in the U.S.after the Securities and Exchange Commission (SEC) approved key regulatory filings from applicants last week.

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