Many crypto investors have been waiting for launch of trading spot ETH(Ethereum) ETFs.
One of Bitwise's compliance executives said "The S-1 amendments show that there are fewer and fewer issues being vetted back and forth between issuers and the U.S. SEC(Securities Exchange and Commission)."
Recently, Gary Gensler, the chairman of the SEC, predicted spot ETH ETFs will launch sometime in the summer.
After spot ETH ETFs start trading, the altcoin marketcap will likely recover rapidly. I hope to see that ETH will break 2021 ATH(All Time High), and the crypto market is going to exponentially grow than the previous market cycles 🙏