đ Ether (ETH) is back in the $3,500 club after a brief hiatus, thanks to the SEC deciding to close its investigation into whether ETH is a security. The news, shared by Consensys, sent ETH soaring 1.4% to $3,541, breaking the crucial $3,500 level. This move shows investors are breathing a sigh of relief, as concerns over potential securities law violations have been eased. "Huge win for Ethereum," says Delphi Ventures' Tom Shaughnessy. Meanwhile, an ETH whale was spotted buying 5,603 ETH, worth about $19.6 million. Confidence is high as the SEC's approval of spot Ether ETFs in the US looms.