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Ethereum ETFs will likely be approved as US lawmakers have urged SEC Chair to give the green light.
SEC Chair refused to comment when asked to give a preview on spot ETH ETF decision on Thursday.
Ethereum may rally more than Bitcoin did if SEC approves spot ETH ETF applications.
Ethereum (ETH) bounced back after a brief dip on Thursday as US lawmakers penned a letter to Securities & Exchange Commission (SEC) Chair Gary Gensler, urging him to approve spot ETH ETFs. Hong Kong regulators are also discussing whether issuers can offer ETH staking to investors.
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