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The Ethereum Shanghai Upgrade, proposed in 2022, is one of the major upgrades of the crypto space this year. Following the partial victory of Ripple [XRP] in its legal battle with the U.S. Securities and Exchange Commission (SEC) on 13 July, ETH immediately soared to a three-month high. Ark Investment and 21 Shares have filed a joint application to launch an Ethereum exchange-traded fund (ETF). ChatGPT, a natural language processing tool, has been used by traders and analysts to their advantage. The broader crypto ecosystem has not been left out of the trend.
