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Ether options open interest indicates bullish sentiment about potential May spot ETH ETF approval, analyst says

Summary by Ground News
Open interest in ether options suggests bullish anticipation regarding the potential approval of a spot ETH ETF in May, an analyst said. The final approval decision deadline for spot ether ETF applications submitted by asset managers VanEck and Ark/21Shares to the U.S. Securities and Exchange Commission is May 23. The price of ether increased by over 2% on Wednesday.
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