Crypto world, Wall Street await potential spring approval of spot ether ETF

A little more than a month after Securities and Exchange Commission Chairman Gary Gensler cast the deciding vote that led to the agency’s historic approval of 11 spot bitcoin exchange-traded funds, the crypto industry is now anticipating a similar outcome for a spot ether ETF as early as May.Sentiment surrounding the approval of a spot product (a fund that tracks the daily, or "spot" price of an asset) for the world’s second-largest digital asset in 2024 is overwhelmingly positive, a