Ethereum ETF still needs SEC approval of ETF filing documents before trading. However, this step of approval is basically just a matter of time.

The SEC chairman's attitude towards crypto assets has been relatively negative in the past two years. Why has his attitude towards Ethereum changed so quickly recently?

It is likely to come from political pressure. Trump has publicly expressed his support for crypto in the upcoming election and has also publicly accepted donations of crypto assets on the website. The entanglement and collusion of interests between Wall Street and the SEC may have played a significant role in this.

If the US inflation and employment data continue to improve, interest rate cuts may occur in the second half of the year, and the fuse will be ignited at that time.

If the interest rate cuts, there is still hope that the price of ETH will reach $10,000. And if the Ethereum ecosystem can still burst out with innovative application ecosystems, the price of the currency is entirely possible to create a greater miracle.