Standard Chartered Backs Ethereum ETF Approval

Standard Chartered has publicly supported the approval of an Ethereum ETF, signaling a strong endorsement from one of the banking sector’s heavyweights. The bank’s backing is seen as a positive development for Ethereum, as it indicates a growing acceptance of crypto assets within traditional financial sectors. This support could play a crucial role in influencing other institutions and regulatory bodies, potentially leading to more widespread adoption and integration of Ethereum-based financial products. Read more at The Block