Ether ($ETH) Enjoys Massive Surge in Purchase After Bloomberg Analysts Increase Odds of Spot ETH ETF Approval by U.S. SEC

Ether (ETH) experienced a significant price surge, climbing 11.4% during U.S. trading hours on Monday. The rally was sparked by a noteworthy update from two well-known Bloomberg ETF analysts, Eric Balchunas and James Seyffart, who substantially increased their estimated likelihood of the U.S. Securities and Exchange Commission (SEC) approving spot ETH ETFs. In a post […] source: https://www.cryptoglobe.com/latest/2024/05/ether-eth-enjoys-massive-surge-in-purchase-after-bloomberg-analysts-increase-odds-of-spot-eth-etf-approval-by-u-s-sec/