Ava Labs President John Wu ‘Very Positive' on Ethereum ETFs

Ava Labs President John Wu ‘Very Positive' on Ethereum ETFs – Here's Why

The president of Ava Labs, the team behind layer-1 blockchain Avalanche AVAX AVAX - $26.562 says that he's optimistic about Ethereum (ETH)-based exchange-traded funds (ETFs). In a new interview with Bloomberg Television, Ava Labs president John Wu says that over time, Ethereum ETFs will find success due to the competitive nature of the decentralized finance (DeFi) sector.

Source: dailyhodl.com

Related symbols: AVAUSD

2024-08-28 20:03:01 GMT.

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Price & Market Data

Price: $26.562

Volume 24h: $455,298,903.22

Market Cap: $10,782,251,724.61

Description

Avalanche (AVAX) is a cryptocurrency launched in 2020. Avalanche has a current supply of 445,933,135.61512727 with 405,930,035.61512727 in circulation. The last known price of Avalanche is 26.25765807 USD and is up 10.67 over the last 24 hours. It is currently trading on 781 active market(s) with $442,792,371.23 traded over the last 24 hours. More information can be found at https://avax.network/.