On Thursday, the SEC made history by approving eight spot Ethereum ETFs from major institutions such as BlackRock, Franklin Templeton, Fidelity, and VanEck. Although these approvals mark a significant regulatory shift, trading can't begin until the S-1 registration statements are approved, which could take several weeks.
Read MoreThe possibility of an Dogecoin (DOGE) exchange-traded fund (ETF) is being revisited, influenced in part by the optimistic outlook regarding the potential approval of Spot Ethereum ETFs. Crypto analysts speculate that the approval of such ETFs could serve as a precedent for the introduction of additional cryptocurrency funds.
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