The U.S. Securities and Exchange Commission (SEC) has recently given its approval to 19b-4 listing requests from multiple issuers of Ethereum ETFs, signifying a notable change in its attitude towards the dominant alternative cryptocurrency. Prior to this approval, experts and prominent banking institutions, such as Standard Chartered, had expressed doubt regarding the likelihood of these products receiving approval. The announcement of an impending ETF approval has triggered a substantial upward movement, leading to a price surge for ETH from $3,600 to $3,900 within a span of three days. Stay updated with the latest technology news by accessing NEWSLINKER.
