🔥SEC Finally Approves Ether Spot ETF.
The United States Securities and Exchange Commission (#SEC ) has approved the #ETF spot Ether, and it has not been just one, but several.
The SEC approved Forms 19b-4 for several ETFs including Fidelity, #BlackRock and #grayscale . In total there are 8.
The approval of these forms is the first step, since it is still unknown when they will begin to be listed and operate. Some analysts estimate that this process could take weeks, even months.
Apparently that political pressure did have a positive result. So far the price of #Ether remains above $3,700.
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