The U.S. Securities and Exchange Commission (SEC) has given the green light to multiple Ethereum ETF issuers by approving their 19b-4 listing requests. This decision marks a notable change in the SEC’s stance towards the dominant altcoin. Previously, industry experts and major banking entities, including Standard Chartered, had expressed doubts about the likelihood of these products gaining approval. However, with this recent development, the anticipation of an ETF approval has sparked a significant upward trend in ETH’s price. Within a span of just three days, the value of ETH surged from $3,600 to $3,900. Stay updated with the latest tech news by accessing NEWSLINKER.
