In a recent turn of events, the Securities and Exchange Commission (SEC) has granted approval for eight Ethereum exchange-traded funds (ETFs), marking a significant milestone. This decision, made on May 23, has had a noticeable impact on the market, as Ethereum dominance has risen by 19.56% over the past week. This surge in dominance can be attributed to the SEC’s more lenient approach towards ETF approvals. Stay updated with the latest technology news on NEWSLINKER.