Ethereum ETF Approval Expected Soon, Says Coinbase

By: Eliza Bennet

America's biggest crypto exchange, Coinbase, is confident that the SEC will approve spot Ethereum ETFs very soon, despite broader pessimism in the market.

This optimistic outlook arises from Coinbase's recent assessments which indicated that Ether could see a surprising uptick in the coming months, given the absence of major supply-side overhangs such as token unlocks or miner sell pressure.

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