According to Cointelegraph: Spot Ether (ETH) exchange-traded funds (ETFs) have been given the final approval to begin trading in the United States on July 23.

This approval is expected to bring billions of dollars into the Ethereum ecosystem.The United States Securities and Exchange Commission (SEC) approved the final S-1 registration statements on July 22, paving the way for their launch on various stock exchanges, including the Nasdaq, New York Stock Exchange (NYSE), and Chicago Board Options Exchange (CBOE).