Will SEC Approve Ethereum ETF?

Adekunle Joshua

The SEC's inadvertent confirmation of Ethereum as a commodity suggests a potential pathway for the approval of spot Ether ETFs shortly

The unexpected surge in Ethereum prices following the approval of a Bitcoin ETF indicates strong investor sentiment towards Ethereum

Pending Ether ETF applications from major players like Grayscale amplify the likelihood of approval in the coming months

The prospect of a spot ETF is prompting various analysts and AI models to predict Ethereum reaching $10,000 within the next five years

May 23rd, 2024, is highlighted as a crucial date, possibly representing the closest deadline for the approval of an Ethereum ETF