Countdown to the launch of Ethereum spot ETF! Which ecological tokens can be considered for Ambush?

This site (120bTC.coM): After the U.S. Securities and Exchange Commission (SEC) approved the 19b-4 exchange rule change documents for eight Ethereum spot ETFs in May, the market is paying close attention to when the SEC will approve S- 1 document, officially opening the Ethereum spot ETF for listing and trading.

This week, Coindesk quoted people familiar with the matter as saying: The SEC informed potential issuers on Monday that the ETF will be able to start trading next Tuesday (July 23) Eastern Time! Bloomberg, which had previously accurately hit the listing time of the Bitcoin ETF Senior ETF analyst Eric Balchunas also said: I heard that the SEC finally responded to issuers today, requiring them to submit final S-1 documents (including fees) on Wednesday, and then these applications will officially become effective next Monday, Tuesday (7/23 ) is officially launched.

Which Ethereum ecosystem is worth paying attention to?

This may be the most certain one in recent times. Although we cannot be 100% sure of the time, the market is almost convinced that it will be listed sooner or later. Therefore, we may now focus on the largest areas and projects in the Ethereum ecosystem, which will be reviewed for readers below.

Layer2

Layer2 aims to undertake the prosperity of the ETH ecosystem with high TPS and low GAS. Its importance is self-evident. The main projects include MATIC, MNT, ARB, STX, IMX, OP, STRK, ZK, AEVO, MANTA , BLAST... etc. Coingecko data shows that the growth rate of Layer 2 ecological tokens in the past seven days has ranged from 2 to 8%.

LSD

LSD protocol is a node-related pledge service that emerged after ETH was converted from POW to POS. The main projects include LDO, SSV, RPL, FXS... etc. Coingecko data shows that the LSD ecological token has increased by 6 in the last 7 days. % to 20%.

DeFi

DeFi applications cover Dex, lending, stablecoin trading, stablecoin issuance, etc... at multiple levels. The main projects include Pendle, UNI, AAVE, COMP, CRV, MKR...etc., Coingecko data shows that DeFi ecological tokens The highest increase in the past seven days was MKR, which reached 30%.

Re-pledge

Re-pledge means to pledge assets again after the initial pledge. Re-pledge has developed into one of the mainstream DeFi applications on Ethereum. The main projects include REZ, ETHFI, ALT, BB...etc., Coingecko Data shows that DeFi ecological tokens have performed well in the past seven days, with increases ranging from 10% to 30%.

The passage of Ethereum ETF may bring huge development opportunities to the Ethereum ecosystem. The above-mentioned projects are only part of them. There are many other potential projects worthy of attention. Please keep paying attention to market dynamics and take risks according to your own Affordability makes investment decisions.

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