#ETH ETFs approved as market volatility peaks, last week the US Securities and Exchange Commission (SEC) approved eight spot ETFs for Ether (the network's native currency #Ethereum ) This marks a milestone for Ether, not only because it is the second cryptocurrency to receive this treatment, after the approval of Bitcoin, but more importantly because it allows more traditional investors to gain exposure to the asset. The approval also coincided with a notable rise in the price of $ETH approaching $4,000, while the broader market showed mixed reactions, with Bitcoin experiencing slight declines but maintaining a strong position around $68,000. #ETHETFsApproved
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.