One of the companies that received approval for the Spot Ethereum ETF hung a giant Ethereum banner in New York. In the video shared by the company's president, the banner reads “ETHW: Bitwise Ethereum ETF”.
Balaji Srinivasan, former CTO of Coinbase, commented on the Ethereum flag flying in the financial center. Srinivasan stated that this shows that the SEC has surrendered to the internet and cryptocurrency users and said, “The network defeats the state.”N