Ethereum ETF goes live – Which Ethereum-related cryptos will surge?

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Altify CEO Sean Sanders explains why investors should see this new ETF as a huge deal.

With the new Ethereum ETF launched investors are speculating that it will perform at least as well as the Bitcoin ETF did earlier this year, adding tens of billions of dollars of institutional capital to the second-largest cryptocurrency’s market value.

He continues, “For strategic investors or traders looking to benefit from any price increases following the ETF launch, you have a couple of options. One straightforward approach is purchasing ETH directly on secure, regulated crypto investment platforms like Altify. As Ethereum grows and develops, these projects often see amplified gains in their valuations, riding the wave of Ethereum’s increasing adoption. This interconnection means that as Ethereum thrives, so do these projects, potentially offering higher returns than investing in ETH alone.

One of the best ways to do this is to evaluate the user adoption and related revenues generated for each crypto project listed above.The chart below depicts last year’s revenue for the 6 cryptocurrencies that outperformed Ethereum .It’s clear that among the top six performing ETH beta assets, Maker stands out distinctly, boasting protocol revenues 18x greater than its closest rival.

 

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