Cryptocurrency enthusiasts are anxiously anticipating a momentous occasion. As per a recent social media update by Nate Geraci, the president of The ETF Store, the U.S. Securities and Exchange Commission (SEC) is set to make a pivotal determination this week regarding the authorization of exchange-traded funds (ETFs) based on Ethereum. This verdict has the potential to profoundly influence the cryptocurrency markets and expedite the widespread acceptance of Ethereum.
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