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CoinDesk (@CoinDesk): Cathie Wood's @ArkInvest was the first company to seek permission to create a spot $ETH ETF in September. It has since dropped out of the race, likely…

Estimated coin impact

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Cathie Wood's @ArkInvest was the first company to seek permission to create a spot $ETH ETF in September. It has since dropped out of the race, likely because of the incoming intense fee battle, experts say. @HeleneBraunn reports trib.al/WNTRwVe

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