The U.S. Securities and Exchange Commission (SEC) could be close to approving a spot exchange-traded fund (ETF) for Ethereum as soon as May, according to recent analysis from Standard Chartered. This prospect, long coveted by investors and crypto market participants, could not only further validate Ethereum as an institutional investment asset, but also propel its price to unprecedented heights.
The article Ethereum (ETH): Towards approval of Spot ETFs and a potential jump to $4,000 appeared first on Cointribune.
