📢Good news! Jan van Eck, CEO of VanEck, recently said that the cryptocurrency market is undergoing a major sentiment shift, which is related to the US SEC's approval of the rule change that allows Ethereum spot ETFs. 😮He called it one of the most amazing things he has seen in securities regulation in his career.

🔍He further explained that the US Securities and Exchange Commission may lose jurisdiction over digital assets. Therefore, their first reaction is to get the Ethereum (spot) ETF approved, but he thinks there are bigger reasons.

📈Eck said that the 21st Century Financial Innovation and Technology Act passed by the House of Representatives on May 8 is another big step towards clarifying cryptocurrency regulation. Although he doubted whether the bill could enter the Senate before the election, it is undoubtedly a good news for cryptocurrencies such as Bitcoin! 💪

🎉Let us look forward to more good news in the cryptocurrency market!