RAMP (RAMP) is a decentralized protocol to accelerate the implementation of DeFi. Allows users who do not use Ethereum (ETH) to place tokens on ETH platforms. At the same time, Ethereum users can interact with the RAMP protocol and increase their profitability.

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The approval could potentially increase the accessibility & liquidity of Ethereum, and attract more institutional investors. Investors also see this as a positive sign for other crypto ETFs, like spot Bitcoin, to be approved.