๐ŸŽ‰Big news for Ethereum enthusiasts! ConsenSys has announced that the U.S. Securities and Exchange Commission (SEC) has decided to close its investigation into Ethereum 2.0.๐Ÿš€ This decision indicates that the SEC will not pursue charges that the sales of ETH are securities transactions.๐Ÿ”’

This announcement follows a letter sent by ConsenSys on June 7, urging the SEC to confirm that the recent approvals of Ethereum-based exchange-traded funds (ETFs) would lead to the closure of the Ethereum 2.0 investigation.๐Ÿ’ผ

However, the battle isn't over yet!๐Ÿ˜ค ConsenSys is still seeking a court declaration that offering the user interface software MetaMask Swaps and Staking does not violate securities laws.๐Ÿ‘ฉโ€โš–๏ธ

Meanwhile, ETH saw a slight increase, surpassing the $3,500 mark shortly after ConsenSys announced that the SEC had closed its investigation into Ethereum.๐Ÿ’ฐ This slight increase indicates increased investor confidence, potentially alleviating recent concerns about possible securities law violations.๐Ÿ“ˆ

Stay tuned for more updates on this exciting development! ๐Ÿ“ฐ๐Ÿ‘€