SEC Approval of Ethereum ETFs Signals Major Shift in Crypto Investment
The SEC's green light for Ethereum ETFs is expected to boost institutional interest and drive significant market changes.
- Former SEC Chair Jay Clayton calls Ethereum ETF trading inevitable.
- The approval has triggered a 26% surge in Ether's price over the past week.
- Analysts predict Ethereum could surpass its all-time high of $4,866.
- Institutional investors show growing interest, despite some skepticism about demand.
- Further SEC approvals are anticipated, potentially expanding the range of crypto ETFs.