⚡️⚡️Spot Ether ETF dominates the market

The token has marked a strong rally this week after reports Monday said the SEC had asked certain exchanges to refine their filings for spot Ether ETFs .

While the move marked some progress in spot ETF approvals, it did not guarantee their approval.

The SEC will now decide spot Ether ETF applications from VanEck, ARK Investment Management and seven other issuers on Thursday or Friday.

The approval of a spot Ether ETF could attract more capital inflows into the crypto market, similar to what was seen with the approval of the Bitcoin spot ETF earlier this year.

Source: Investing.com