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Ethereum Set to Test $3,000 as ETFs and Regulations Align

  • Ethereum is expected to test $3,000 as ETF inflows and regulatory developments align.
  • ETF allocations of over $1.1 billion in June indicate renewed interest from asset managers, supported by recent geopolitical stability.
  • Upgrades to Ethereum's staking infrastructure have increased institutional appeal, with $26 billion in user fees generated by Ethereum-based applications.
  • Speculation surrounds the inclusion of staking in spot ETFs, potentially driving Ethereum's price to $3,300.

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