Ether, Lido DAO, Arbitrum Gain on Possibility of ETH ETF

<p> <br />
<br /><img decoding="async" src="https://www.coindesk.com/resizer/YX1sZ-h2RfcKZGrOGekj4c1mBxc=/800×600/cloudfront-us-east-1.images.arcpublishing.com/coindesk/YUV2PU6U75B2HK2L3BOG4H3UOI.png" /></p>
<div>
<p><b>Ether </b><b>(ETH)</b><b> and native tokens of applications built on Ethereum surged in the past 24 hours as traders bet on the possibility of an ether exchange-traded fund (ETF) following the expected approval of a bitcoin ETF in the U.S. </b>Ether exchanged hands over $2,400 in early European hours Wednesday, up 5% in 24 hours. LDO, the governance token of the decentralized autonomous organization (DAO) behind liquid-staking system Lido, gained over 20% while the ARB token of Ethereum scaling solution Arbitrum rose almost 17%. Bitcoin fell 2.2%. BlackRock has filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) for its iShares Ethereum Trust, a spot ether ETF.</p>
</div>
<p><br />
<br /><a href="https://www.coindesk.com/markets/2024/01/10/first-mover-americas-ether-lido-dao-arbitrum-gain-on-possibility-of-eth-etf/?utm_medium=referral&amp;utm_source=rss&amp;utm_campaign=headlines">Source link </a></p><p>The post <a href="https://forextraderhub.com/ether-lido-dao-arbitrum-gain-on-possibility-of-eth-etf.html">Ether, Lido DAO, Arbitrum Gain on Possibility of ETH ETF</a> first appeared on <a href="https://forextraderhub.com">Forex Trader Hub</a>.</p>