After half a year of market hype and expectations, the cryptocurrency market finally ushered in major news - 9 Ethereum spot ETFs have been officially approved, of which Coinbase will provide custody services for 8 ETFs, and trading will officially start at 21:30 tonight, Eastern Time.

The six-month battle of this process is reviewed as follows:

May 23: The U.S. Securities and Exchange Commission (SEC) approved the applications of CBOE, Nasdaq and New York Stock Exchange to list Ethereum ETFs, injecting a shot of adrenaline into the market.

July 2: Bloomberg analysts released a forecast that Ethereum spot ETFs are expected to start trading soon, further stimulating market expectations.

July 8: Applicants received a notice requiring them to submit an S-1 amendment, which is an important step in the approval process.

July 12: Applicants are expected to submit the final S-1 filing, paving the way for the official listing of the ETF.

July 23: Ethereum ETFs are expected to officially start trading, marking an important milestone in the cryptocurrency market.

This event not only provides investors with more investment channels, but may also have a positive impact on the price of Ethereum and its related assets. 5,000 is just around the corner!