Investment bank TD Cowen said that after the approval of the spot Ethereum ETF, it is expected that funds tracking a basket of cryptocurrencies may be approved within the next year, which may be just Bitcoin and ETH, but may be more. The approval does not mean that the U.S. Securities and Exchange Commission’s overall attitude towards cryptocurrencies has undergone a comprehensive change. The SEC will maintain a Democratic majority until 2026 and continue to sue crypto trading platforms that trade unregistered securities. (TheBlock)