We have another big day with the approval of the Ethereum ETF.
The news has been published on the official SEC website after being confirmed by multiple reliable sources.
It may take several weeks for the S1 filing to be approved and the ETF to start trading. The process may be a little difficult and uncertain, but in the long run, we will definitely see the positive effects of this approval.
The reason why Ethereum and other cryptocurrencies have been suppressed for a long time is the high probability of rejection. Now that the ETF has been approved, I think the selling pressure will weaken and we can see a long-term positive trend.
I hope this approval will bring good profits. I wish you all good luck.
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