Ether Soars 10% to $3.4K on Bloomberg’s ETF Odds
In a significant market move, the price of ether (ETH) surged more than 10% to $3.4K after Bloomberg analysts substantially increased the likelihood of the U.S. Securities and Exchange Commission (SEC) approving spot ETH exchange-traded funds (ETFs). Previously, markets had largely anticipated SEC rejections of proposed funds this week. Eric Balchunas, Bloomberg’s Senior ETF Analyst,…