The Securities and Exchange Commission (SEC) will review Grayscale’s spot ether ETF filing, which could convert Ethereum Trust into a spot Ethereum ETF. Grayscale Investments believes that this conversion would unlock over $1.6 billion in value. In other news, several cryptocurrencies, including Cardano, Ripple XRP, Polygon, and Solano, have seen significant gains in the past 24 hours, while Dogecoin and BNB Coin have also performed well. Additionally, a pre-mined Ethereum wallet that had been dormant for 8.2 years recently woke up and moved its 2,000 ETH to four different blockchain addresses.

AI Sentiment: Neutral