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ONDO Surges to $1.12 Following 21Shares ETF Filing: Is a Bullish Rally Imminent?
ONDO Surges to $1.12 Following 21Shares ETF Filing: Is a Bullish Rally Imminent?
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ONDO News -
21Shares has submitted an application to the SEC for an ETF tracking ONDO, the native token of ONDO Finance, highlighting increasing institutional interest in tokenized real-world assets. The token has risen 20% in the past week, driven by technical breakouts and political support—including a $500,000 investment from a Trump-affiliated DeFi project.
Currently trading at $1.1188, Ondo recently surpassed its 200-day EMA. While short-term consolidation may occur, the potential for an ETF and Ondo's focus on blockchain-based Treasury products indicate continued upward momentum.
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