Benzinga – Ondo Finance (CRYPTO: ONDO) is rallying after the approval of spot Ethereum (CRYPTO: ETH) ETFs, prompting traders to predict more upside for ONDO.
What Happened: Heavily followed crypto trader Aylo noted in his latest tweet that the Real World Assets sector “is one of the biggest beneficiaries of the spot ETH ETF approvals.” He adds that the approval is a green light for tokenization of all assets on Ethereum, highlighting Chainlink (CRYPTO: LINK) and ONDO as the “two big ways to bet on this.”
Popular crypto trader Jelle notes that ONDO is the first post-ETF news narrative, highlighting his investment of ONDO at
He believes ONDO is “Well-positioned to take advantage of the RWA-trend, which BlackRock is very eager to push.”
Another crypto trader chipped in with a bullish prediction for ONDO:
$ONDO said;…
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