The U.S. Securities and Exchange Commission (SEC) has given the green light to 19b-4 listing requests submitted by several Ethereum ETF issuers, signaling a notable change in its stance towards the dominant cryptocurrency. Prior to this approval, industry analysts and prominent banking institutions such as Standard Chartered had expressed doubts about the likelihood of these products gaining approval. The announcement of an impending ETF approval has sparked a significant upward movement, resulting in a three-day price surge for ETH, which climbed from $3,600 to $3,900. Stay updated with the most recent technology news by accessing NEWSLINKER.
