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TL;DR
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The SEC dropped its ETH investigation, along with any potential charges, leading to a 3% bump in ETH’s price.
Full Story
Talking back to your mom → getting grounded
These are all natural progressions.
Same goes for the SEC’s approval of an ETH ETF → it was expected that they’d then drop their ETH investigation, along with any potential charges.
And that’s exactly what just happened.
Which gave Ethereum a neat little 3% bump in price.
That ain’t much! But given we’re in a short-term market downtrend, it carries a little extra weight.
Big picture:
This is another positive step forward for crypto in the US.
We love to see it!
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