What Does July 2nd Mean for Ethereum?

According to multiple leaks from the Securities Exchange Commission, the approval of the first Ethereum Spot ETFs is expected after the Commission's July 2, 2024 meeting.

The decision will be made shortly before the US national holiday on July 4th and is expected to spread even more optimism to crypto enthusiasts everywhere and also to the crypto investing community.

But it's not just Ethereum that stands to gain from this case. Ethereum is the foundation for many, many crypto projects that derive value from the crypto itself.

A legalization of crypto assets is going to happen much faster in the long run, if there are the right financial tools, which will breathe new life into the crypto space.

And for this reason, more and more institutional investors are going to reach for new cryptos……..

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