SEC officially approves Spot Ethereum ETF.
Paul Grewal, Coinbase's general counsel, stated that the SEC's approval of Ethereum ETFs means that ETH is de facto recognized as a commodity.
At the time of writing, Bitcoin (BTC) is trading at $67,240 and Ethereum (ETH) is trading at $3,746.
The fear and greed index is at the greed level with “64”.
Important developments during the day:
General Market Activity: Germany Gross Domestic Product data will be announced.
