🎉 Surprise, surprise! The SEC has approved eight Ethereum ETFs, but Ether (ETH) price barely flinched. Despite the lukewarm reaction, industry insiders are optimistic. With the ETFs offering higher liquidity, narrower spreads, and lower fees, major outflows from Grayscale's Ethereum Trust (ETHE) are expected. But don't fret! Experts predict that the long-term picture is rosy. Thanks to Ethereum's proof-of-stake model, it's a hit with ESG-focused investors. Plus, with a limited supply of Ethereum on exchanges, any significant sell-off could be met with limited supply, potentially stabilizing prices. So, hold on to your hats, folks! The Ethereum rollercoaster ride is just getting started! 🎢