đ„đ„WHALES CONTINUE ACCUMULATINGđ„đ„đ
âĄïž The head of the #SEC announced that spot #ETFs on #ETH will be approved as early as this summer
Gary Gensler made this statement during a Congressional hearing, additionally noting that Ethereum ETFs will receive approval "sometime, but definitely before the end of the summer."
Amid the anticipated approval, whales are accumulating #Ethereum. For instance, analysts from CryptoQuant recorded a daily purchase of 298 000 ETH, which became the second largest in history đł