In a move that surprised the cryptocurrency world, the SEC just approved the first hybrid Bitcoin-Ethereum ETF. The big winners of the SEC approval are Cboe BZX and Nasdaq, which elected to list the ETF. Accordingly, Franklin Templeton and Hashdex Nasdaq Crypto Index ETFs, which have BTC and ETH in a weighted proportion of market cap, can now be launched.

In other news, despite the big boost to ETH and BTC, investors are still rushing Rollblock in stage 9 of its presale at $0.043. Dive in to discover Rollblock’s attractiveness over BTC and ETH.

Rollblock is a GambleFi protocol that aims to revolutionize the gambling sector. From slots to roulettes, Rollblock has over 7,000 enticing games for its users. The project has also just integrated sports betting, allowing members to bet on popular sporting events, including soccer, the UFC, and the NBA. Rollblock’s acceptance of more than twenty major cryptocurrencies, including ETH, makes joining easy for gamers.

The main aspect distinguishing Rollblock from a typical casino is its groundbreaking GambleFi concept. Thanks to blockchain technology, its sophisticated approach using Ethereum guarantees all transactions are completely transparent and immutable. Every wager punters place is completely permanent and irreversible.

Rollblock uses the $RBLK token for all platform transactions, services, and interactions. Furthermore, $RBLK token holders enjoy a revenue-sharing benefit. Each week, the platform purchases $RBLK tokens on DEX using up to 30% of their profit. 60% are burned, which causes deflationary pressure on Rollblock, while 40% is delivered to individuals as rewards.

Every effort at an ETH rally has received opposition, underscoring the difficulty of maintaining its increasing momentum. Still, ETH shows resiliency, especially in corrective situations when whales aggressively accumulate it. In the last five days alone, whales have bought 340,000 ETH worth more than $1 billion.

This significant purchasing activity highlights whales’ beliefs in ETH’s long-term viability. With whales deliberately positioned ahead of a possible breakout, such ETH accumulation frequently implies the likelihood of a market change.

Crypto analysts opine that this whale-driven demand suggests a significant increase in ETH in the coming weeks. Moreover, the larger crypto community expects ETH to be central to the projected altcoin season next year, confirming its leadership among alternative coins.

In other news, Ethereum ETFs also suffered a net outflow of $60.47 million, breaking their 18-day net inflow pattern. The run had given the market hope, but on December 19, attitudes changed, with Greyscale leading the outflow.

The significant outflows of FBTC and IBIT, the two largest ETF issuers in the US, revealed concerns among crypto investors about the future of BTC ETFs next year. Yet experts caution that BlackRock and Fidelity’s experience should not surprise traders, given that both foreign asset management companies have mainly explained the BTC ETF flows.

BTC investors are worried that recent developments in ETFs might mark a turning point and cause a significant decline in the demand for BTC exposure among institutional investors. Analysts further contend that outflows might not continue and that BTC has rebounded since dropping to $92,000 mid-December.

Bitcoin and Ethereum have recorded record ETF outflows, which have affected their value. This has concerned BTC and ETH investors, who are now switching to the Rollblock presale. Why not find out more?

Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino