SEC Likely to Approve Ethereum ETF Soon

Expectations are growing that the U.S. Securities and Exchange Commission (SEC) may soon approve an Ethereum-based Exchange Traded Fund (ETF), according to sources familiar with the matter. This anticipated move could open the floodgates for substantial institutional investment into Ethereum, mirroring the recent enthusiasm seen with Bitcoin ETFs. Approval of an Ethereum ETF would mark a significant milestone, offering investors a regulated way to gain exposure to the second-largest cryptocurrency without the complexities of direct ownership. Read more at Decrypt