The article discusses the recent boost in Ethereum’s price as the SEC considers approving Ether-Futures ETFs. ETH/BTC experienced a 1% gain for the day, while ETH/USDT remained down by 6% over the past 24 hours. However, the approval of an Ethereum ETF is not expected until October, so traders and enthusiasts are advised to approach the news with cautious optimism. Despite this, Ethereum’s market resilience is showcased by its subsequent rally of over 10%. The article emphasizes the ongoing interplay between traditional financial news and cryptocurrency valuations.
AI Sentiment: Positive