In a watershed moment for Ethereum (ETH) and the burgeoning cryptocurrency ecosystem, the U.S. Securities and Exchange Commission (SEC) has made a seminal decision to officially approve the long-awaited Ethereum ETFs applications submitted by globally preeminent asset managers. This development carries profound implications for the regulatory landscape and mainstream adoption…
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SEC Chair Gary Gensler, who has been in the eye of the storm over his positions on cryptocurrencies, didn’t participate in the decision to approve the first-ever spot Ethereum (CRYPTO: ETH) ETFs in the U.S, a departure from his involvement in the approval of the spot Bitcoin