Ether Could Be the Next ‘Institutional Darling,’ Bernstein Says

A number of traditional finance firms are vying for an ether ETF in the U.S., which is boosting the token’s medium-term outlook. Franklin Templeton, Blackrock (BRK) and Fidelity, all of which had bitcoin ETFs approved by the Securities and Exchange Commission, are among firms that have submitted applications for an ether ETF.

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