This week in the crypto world, the spotlight was on former U.S. President Donald Trump’s comments on Bitcoin and the launch of Ethereum ETFs. Trump expressed his stance on Bitcoin, referring to it as a ‘scam against the dollar’, sparking widespread discussion across the crypto Twitter community. His comments come at a time when Bitcoin’s price has been experiencing significant fluctuations, further intensifying the debate around the future of this leading digital currency.
In other news, the world’s second-largest cryptocurrency, Ethereum, gained significant momentum with the launch of three Ethereum ETFs in Canada. These ETFs provide investors with a new way to gain exposure to Ethereum’s price movements without the need to directly hold the digital asset. This development is seen as a significant step forward in the acceptance and integration of cryptocurrency in traditional financial systems. The launch of these Ethereum ETFs has been met with significant interest and excitement in the crypto community, highlighting the growing mainstream acceptance of digital currencies.
