The U.S. Securities and Exchange Commission (SEC) has given the green light to Ether (ETH) ETF applicants, including heavyweights like VanEck, BlackRock, and Fidelity. Experts predict a scenario similar to the launch of Bitcoin (BTC) ETFs, but with less volume. Despite this, traders could make interesting moves, such as shorting the ETF and buying ETH for staking. The approval could also spark a global trend, with other countries considering launching their own crypto-based ETFs. However, the SEC's stance on ETH as a commodity remains unclear, with some experts calling for more transparency.