Global

Dan Gambardello, a prominent market analyst and founder of CryptoCapitalVenture, has identified Cardano (ADA) as a potential beneficiary following the SEC’s recent approval of spot Ethereum exchange-traded funds (ETFs).

Kabosu, the Shiba Inu who became famous as the face of the "Doge" meme and the Dogecoin cryptocurrency, passed away peacefully on May 24 at the age of 17.

BlackRock's spot Ethereum ETF, listed on the Depository Trust and Clearing Corporation (DTCC) under the ticker symbol $ETHA, follows the SEC's approval of eight spot Ethereum ETFs.

In a significant ruling this year, the United States Securities and Exchange Commission (SEC) has approved the introduction of spot Ether exchange-traded funds (ETFs) in the country.

The SEC's approval marks a turning point for Ethereum ETFs. While the launch date remains uncertain, this decision paves the way for a future where investors can easily add Ethereum to their portfolios. Stay tuned to financial news outlets and announcements from investment firms for the latest updates. The wait might be short-lived, and soon, Ethereum ETFs could be the new investment opportunity everyone's talking about.

Once again, meme coins are dominating the narrative as the crypto market enters the second phase of the bull cycle, overshadowing even Bitcoin's return to the $71,000 range.