Bitcoin ETF Boosts Ether Spot Market, Says Zodia CEO 🚀

<p>In this week&#39;s episode of Yahoo Finance Future Focus, our host Brian McGleenon engages in a discussion with Zodia Markets CEO Usman Ahmad, focusing on the shifting market sentiment towards ethereum as investors anticipate the potential inclusion of ether in a spot exchange-traded fund (ETF). Ahmad highlights the market&#39;s initial focus on the approval of spot bitcoin ETFs, preceding ethereum&#39;s emergence as a frontrunner for the next ETF approval. The Zodia Markets CEO also discusses the recent approval of spot bitcoin ETFs and the subsequent sell-off, expressing confidence in long-term stabilization and positive trends for bitcoin&#39;s price action. Additionally, the conversation delves into the macroeconomic perspective, with the Zodia Markets CEO addressing the possibility of a rate pause and its potential impact on investor confidence in capital allocation strategies, particularly for risk assets like bitcoin.</p>