SEC Set to Decline Ethereum ETF Applications, Impacting Market Dynamics

SEC Set to Decline Ethereum ETF Applications, Impacting Market Dynamics

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According to recent reports by Reuters, the US Securities and Exchange Commission (SEC) is expected to turn down several applications for spot exchange-traded funds (ETFs) based on Ethereum next month. This decision could significantly affect Ethereum, the leading altcoin, by potentially triggering a market downturn.
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