Despite the US Securities and Exchange Commission (SEC) granting historic approvals for eight Ethereum-based exchange-traded funds (ETFs), Ethereum has not breached the $4,000 mark.
Following the SEC’s decision, Ethereum’s (ETH) price spiked to nearly $3,900 but quickly receded to approximately $3,720. As of this writing, the price has somewhat stabilized, hovering around $3,800.