Spot ETH ETF approval: Latest news and full coverage of SEC decision

With a fresh week of inflows recorded, crypto ETPs have reached a new record of year-to-date inflows of $13.2 billion.

Despite a record 19-day inflow streak for spot Ether ETFs, Ether is still trading below where it was at the start of the run.

Technical data and ETH accumulation trends suggest price dips in the $2,100 zone are strategic purchasing opportunities.

Ether futures data shows momentum, with ETH price more than doubling since April lows, increasing the chance of a rally to $4,000 in the coming weeks.

Republican Representative William Timmons has asked US Securities and Exchange Commission Chair Paul Atkins for documents on the agency’s historical approach to Ether.

ETF analysts say the Securities and Exchange Commission could approve Solana, Ether staking and crypto index ETFs as soon as next month.

ETH open interest reached a record $40 billion as Ether price rallied above $2,800 for the first time in 15 weeks.

Ethereum’s dominance in staking, the spot crypto ETFs and improving investor sentiment all point toward a sustained ETH price rally.

The amount of Ethereum now staked is almost 30% of the current circulating supply, reaching a new record this week.

Rising futures open interest, robust spot ETH ETF flows, and a bullish technical analysis indicator forecast an Ethereum price rally to $3,000.

Ether investment products saw $296 million in inflows last week despite a market slowdown, as investors await clarity from the US Fed’s June rate decision.

The current streak of three consecutive trading weeks of inflows has accounted for approximately 25% of the total net inflows since the spot Ether ETFs launched in July 2024.

While Bitcoin ETFs flipped to $278 million of outflows amid the Trump-Musk feud, Ether ETFs saw inflows, continuing a 14-day streak.

Institutional inflows and rising Ethereum transaction fees contrast with sluggish network activity and caution on the Ether futures market.

Ether’s price is up 46% in the past 30 days, and analysts say continued demand for spot Ethereum ETFs and strengthening structure may trigger a breakout.

Crypto index funds and ETFs can help you earn passive income by diversifying your holdings and minimizing active trading.

Ether led last week’s $286 million of net inflows to crypto ETPs, while Bitcoin investment products saw outflows of $8 million, CoinShares reported.

The SEC said protocol staking isn’t a securities transaction, marking a key win for crypto regulation and paving the way for potential ETF staking approval.