🚀🎉 Big news, crypto fam! The U.S. SEC has given the green light to Ether spot ETFs to trade on national securities exchanges. This comes hot on the heels of Bitcoin spot ETFs' arrival in January.

- The approval process isn't over yet though. The S-1 registration statements for the products still need to go effective before launching. So, we might have to wait a bit longer. 🕰️

- ETH has rallied 28% this week on this optimism. The potential demand that an ETF could launch for the second-largest crypto is huge! 💰

- A Twitter poll showed that many investors who have already bought the Bitcoin spot ETFs would also buy the Ether ETFs. 📈

This change of stance follows multiple pro-crypto policy votes within US Congress this month. Last week, the Senate passed a resolution to make it more feasible for regulated banks to offer crypto custody services.

What are your thoughts on this? Would you buy an Ether ETF? Let's chat in the comments! 👇 #DeFi #Web3 #EtherETFs