[News Flash] Golden Finance cited a report by Kaiko Research that the approval of the spot Ethereum ETF eliminates regulatory uncertainty and has a positive impact on the long-term growth of Ethereum. Although it may face resistance in the short term, the SEC implicitly regards Ethereum as a commodity rather than a security, and this judgment will have a profound impact on its future development. However, Kaiko also predicted that Grayscale's ETHE fund may experience capital outflows, and the influx of new funds may have an impact on the market. Investors are advised to stay tuned.