Here’s the latest **Ethereum (ETH)** news in a nutshell: The **SEC approved 19b-4 filings for spot Ethereum ETFs** in May, with trading expected by **July 2024** pending S-1 approvals, potentially boosting institutional demand. ETH’s price hovers around **$3,500**, with over **32 million ETH (~27% of supply) staked**. The next major upgrade, **Pectra (Q1 2025)**, will bring EVM improvements and fee market changes, while **Layer 2s like Arbitrum and Optimism** dominate scaling with ~90% of rollup activity. Meanwhile, the **SEC dropped its Ethereum 2.0 investigation**, easing security concerns, and **DeFi TVL remains strong at ~$55B**, with NFTs showing renewed interest. Key events to watch include **ETHCC (July 8-11)** and the **ETF trading launch**. 🚀#Daily