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Crypto Headlines of The Week: Ethereum ETF & FIT21 Gets Greenlight, PEPE Leads Meme CoinsThe cryptocurrency realm concludes another week, with spot Ethereum ETF, FIT21 crypto bill, and Pepe coin stealing the spotlight. Here's a collection of this week's top headlines.
HIGHLIGHTS
Spot Ethereum ETF approval causes a stir in the crypto community.First major crypto bill, FIT21, gets clearence.Pepe coin emerged as the hot topic from the meme coin sector.As another week draws to a close in the cryptocurrency sphere, the market has been a hotbed of attention-grabbing developments. The long-awaited spot Ethereum ETFs received the green light from the U.S. SEC (Securities and Exchange Commission), and the first major crypto bill, FIT21, also cleared this week. In a testament to the market’s volatility, Bitcoin, Ethereum, and other cryptocurrencies experienced a mixed bag of price action. Meanwhile, Pepe coin (PEPE) has emerged as a trending topic in the crypto
community.Here’s a collection of some of this week’s top headlines, which appear to have set off a wave of discussions across the global crypto community.Spot Ethereum ETF Approval Marking as a landmark event within United States’ crypto landscape, the SEC gave 8 spot ETH ETFs a green light via an omnibus order this week. These ETH ETFs included VanEck, BlackRock, Fidelity, Grayscale, Franklin Templeton, ARK 21Shares, Invesco Galaxy, and Bitwise.However, contrary to the surge in BTC price post-ETF approval, ETH’s price action witnessed quite the turbulence. This has stirred a whirlpool of speculation on ETH’s price action ahead.FIT21 Crypto Bill Gets Clearance Moreover, the U.S. House passed the FIT21 (Financial Innovation and Technology for the 21st Century Act) bill this week, marking the first step towards a regulatory framework for digital assets nationwide