The U.S. Securities and Exchange Commission (SEC) has given its seal of approval to 19b-4 listing requests made by several issuers of Ethereum ETFs, signifying a notable change in its stance towards the leading alternative cryptocurrency. Prior to this green light, industry experts and prominent financial institutions such as Standard Chartered were skeptical about the likelihood of these products being granted approval. The announcement of an impending ETF approval has triggered a substantial upward trajectory, propelling the price of ETH from $3,600 to $3,900 within a span of three days. Stay updated with the most recent technology news by accessing NEWSLINKER.