🚨 BREAKING: Ethereum ETF Approved by SEC – What’s Next for ETH?
📅 June 16, 2025
The U.S. Securities and Exchange Commission (SEC) has officially approved the first Ethereum Spot ETF, marking a major milestone for the crypto industry. This follows the success of Bitcoin ETFs earlier this year.
🔎 Why It Matters:
Institutional investors can now gain direct exposure to ETH via traditional markets.
ETH price surged over 8% in the last 24 hours, crossing $4,100.
This move may trigger broader adoption of Layer-1 protocols and DeFi.
📊 Market Reaction: Traders are eyeing the $4,500 resistance zone. Many expect increased volatility in the coming days, especially with the upcoming Fed interest rate update.
💬 What Do You Think? Will ETH outperform BTC this cycle? Share your thoughts below! 👇
