🎉Good news! Steve Kurz, head of asset management at Galaxy Digital, recently revealed that the U.S. Securities and Exchange Commission (SEC) may approve a spot Ethereum ETF by the end of July. He predicted that this could happen in "weeks, not days," but it will definitely happen within a month. 📅

Kurz said Galaxy has been working with the SEC on the application for months, and he also revealed that the upcoming spot Ethereum ETF is similar to the existing spot Bitcoin ETF (BTCO). The two funds were created by Galaxy in collaboration with investment management company Invesco. 🤝

In addition to Ethereum, Kurz is also optimistic about the prospects of other spot crypto ETFs. He believes that even if Biden continues to serve as president, relevant legislation (including laws defining securities) will be carried out. 👍

Let us look forward to the realization of this good news and bring more possibilities to the blockchain industry! 🚀