HUGE: Ethereum ETFs are finally making waves on Wall Street 💸🌊; Revolut faces scrutiny as UK fraud complaints soar 😳📈; Why bank marketers are still nervous about AI? 🤔🤖
FinTech is Eating the World, 23 July
Hey Everyone,
Good morning & happy Wednesday! Today’s issue is super interesting and resourceful 😎 We’re going to look at Ethereum ETFs that are finally making waves on Wall Street (why it’s huge, what’s next + a deep dive into Coinbase & why it’s a bullish indicator), Revolut that faces scrutiny as UK fraud complaints soar (what’s happening & why it matters + bonus deep dive into Revolut’s latest financials), and see why bank marketers are still nervous about AI (recaping the latest data, what it means & what’s next + some bonus reads on AI + Banking & Finance). Let’s just jump straight into the amazing stuff 🌶
HUGE: Ethereum ETFs are finally making waves on Wall Street 💸🌊
The BIG news 🗞️ Ethereum exchange-traded funds (ETFs) have officially launched in the United States, marking a significant milestone for the world's second-largest cryptocurrency.
Eight issuers debuted their ether ETFs on Tuesday allowing both institutional and retail investors easier access to Ethereum exposure through traditional financial instruments.
Let’s take a quick look at this, see why it matters, and what’s next.