#SECETFApproval The SEC’s approval of Ethereum Exchange-Traded Funds (ETFs), also known as "ETAFAs" (Ethereum-based ETFs), marks a major milestone for crypto markets. This approval allows institutional and retail investors to gain exposure to Ethereum’s price movements through traditional stock exchanges without directly holding ETH. The decision reflects growing acceptance of Ethereum as a legitimate asset, following similar approval for Bitcoin ETFs earlier. It is expected to boost ETH demand, increase investor confidence, and potentially drive price rallies. The approval also signals regulatory clarity and could pave the way for more crypto-based financial products. However, trading will only begin after final filings (S-1 forms) are approved. Overall, this development is considered bullish for Ethereum and the broader crypto ecosystem. Investors are watching closely for launch dates and market impact.