SEC Gives Final Approval for Ethereum (ETH) ETFs!

After long waits from the SEC, the final spot ETH ETF approval has arrived.

The U.S. Securities and Exchange Commission (SEC) has approved the S-1 final filings required for spot Ethereum ETFs to be traded tomorrow. The SEC approved spot ETH ETFs in late May.

After an average of 2 months of waiting, spot Ethereum ETFs will be released as of tomorrow. This launch seems likely to increase volatility in the ETH price.

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