Big news for Ether (ETH), a type of cryptocurrency! A company wants to let people earn extra money by 'staking' their Ether through a special fund called an ETF. This is like putting your money in a savings account that earns interest, but with cryptocurrency.
- The price of Ether went up a bit after this news.
- This new ETF would be the first to let people earn extra money from staking their Ether.
- Experts think this could make Ether more popular with big investors.
Fact | Detail |
---|---|
Ether's price increase | 3.5% |
Ether's current price (approx.) | $2,735 |
Potential impact | More appealing to big investors |