ZUHYX: Analyzing The Sudden Approval of SEC on Ethereum ETFs, Market Status and Outlook Recently, the U.S. Securities and Exchange Commission (SEC) approved 8 Ethereum (ETH) ETFs, including those from BlackRock and Fidelity, attracting widespread market attention. As a major boon for the cryptocurrency market, the approval of Ethereum ETFs signifies a new phase of development for the industry. As a leading global digital asset exchange, ZUHYX believes that this move will provide investors with more diversified investment options and drive the development and growth of the cryptocurrency market. ZUHYX: Analyzing the 8 Ethereum ETFs Approved by the SEC The U.S. Securities and Exchange Commission (SEC) recently approved 8 Ethereum ETFs, including those from BlackRock and Fidelity, a surprising move that has drawn market attention and discussion. Despite previous indications that the SEC was unlikely to approve Ethereum ETFs, the rapid approval at the last minute indicates a significant shift in the stance of the SEC toward the cryptocurrency market. ZUHYX points out that the approved companies include BlackRock, Fidelity, Grayscale, Bitwise, VanEck, Ark, Invesco Galaxy, and Franklin Templeton. Although these filings have been approved, ETF issuers still need to wait for their S-1 registration statements to become effective before trading can commence. It is currently unclear how long this process will take.