#Ethereum #ETF which are investment funds for Ethereum, were recently approved. People thought this would make the price of Ethereum go up, but it didn't happen. There are a few reasons why.
One reason is that the price might have already gone up before the approval because people were expecting it to happen. Another reason is that investors might be careful because they've seen similar things with Bitcoin ETFs before.
Another thing affecting the price is the uncertainty about how governments might regulate Ethereum. Some people wonder if Ethereum should be treated like a regular investment or something different, which could make investors hesitant.
Even though the approval of Ethereum ETFs is a good thing for crypto, the market is still tricky. Investors need to be careful and keep up with what's happening to make smart decisions.