is the ETH ETF approved?
Ethereum ETFs are exchange-traded funds that track the price of the cryptocurrency Ethereum. They allow investors to gain exposure to Ethereum without having to buy, store, or manage the digital asset directly. Ethereum ETFs are seen as a way to increase the liquidity, accessibility, and legitimacy of Ethereum in the mainstream financial markets.The US Securities and Exchange Commission (SEC) is the regulatory body that oversees the approval of ETFs in the US.