$ETH Ether (ETH) ETF Update
- _Key Development:_ Ether ETFs receive green light for 19b-4 filings, paving the way for listing on exchanges
- _Next Step:_ Applicants need approved S-1 registration statements to begin trading
- _Potential Timeline:_ Launch possible by mid-June, following a similar timeline as Bitcoin ETF process
- _Impact on ETH Price:_
- _Bullish Outlook:_ Increased institutional investment and mainstream exposure could boost ETH price
- _Uncertainty:_ Regulatory approval and launch timeline uncertainty may temper price growth
- _Market Sentiment:_ Overall market sentiment and investor demand will influence ETH price movement