After the U.S. Securities and Trade Fee authorised eight spot Ethereum ETFs on Thursday, Crypto Twitter took one other 2024 victory lap after the primary Bitcoin ETFs have been authorised in January—and the U.S. Home of Representatives handed the Monetary Innovation and Expertise for the twenty first Century Act (FIT21), on Wednesday.
Lawmakers on each side of the aisle have urged the SEC to approve spot Ethereum ETFs, saying that the exchange-traded product ought to obtain the identical consideration as spot Bitcoin ETFs.
Crypto Twitter reacted swiftly to the information that the SEC authorised the Ethereum ETFs. Listed below are a number of the standout reactions that adopted the historic information.
Whereas nearly all of the crypto trustworthy celebrated, some took a extra cautious tone.
And final however not least, the man within the MOG shades who asked former President Trump about maintaining crypto in america earlier this month—a transfer that some trade observers, no less than, assume might have swayed political momentum round crypto.
