Friends listen up! Geoffrey Kendrick, an expert at Standard Chartered Bank thinks the SEC green light for #ETHETFS might be just the beginning, according to The Block. 💪🔥

Apparently, this approval could signal that the SEC doesn't see $ETH (and similar cryptos) as securities. This is a big deal because it could pave the way for more ETFs based on cryptos like $SOL and $XRP in 2025! 😖

Remember the whole XRP lawsuit in 2023? Well, if #ETH isn't a security, maybe XRP and others won't be classified that way either. 👀🤡

Of course, this is just one expert's opinion, but it's definitely something to keep an eye on! DYOR! 💻#ETHETFsApproved #altcoins