Etherem has been accepted as an ETF.
The U.S Securities and Exchange Commission , SEC, approved the first batch of spot Ethereum ETFs on May 23, 2024.
Major funancial firms such as VanEck, Franklin, Grayscale, Fidelity, Bitwise, ARK Invest and BlackRock were among those that received approval to lounch these ETFs. Coingecko, INN.
This approval is expected to INCREASE institutional adoption of Ethereum, enjance liquidity, and potentiallylead to SIGNIFICANT price movements in the market
All in all, this means the #Bullrun for $ETH has officially begun! #ETHETFsApproved
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