# Ethereum,

Major Breakthrough: SEC Approves Long-Awaited Ethereum ETF Summary generated by AI The SEC has approved Grayscale's Ethereum Trust ETF and Ethereum Mini Trust ETF, streamlining the listing process and enhancing investor protection. This encourages competition and strengthens Ethereum's role in institutional portfolios. The U.S. Securities and Exchange Commission ( SEC ) has taken steps long awaited by the crypto world. It has officially approved Grayscale's Ethereum Trust ETF and Ethereum Mini Trust ETF. The new framework simplifies the listing and trading According to a statement

Tom Lee's BitMine expands Ethereum treasury with a purchase of $358 million, ETH price surges. Ethereum is in the spotlight following the massive purchase by BitMine, led by Wall Street veteran Tom Lee. He referred to Ether as the "next Bitcoin," and the market reacted swiftly with a rally. A total of $358 million in ETH was accumulated by BitMine, which purchased 14,665 Ether from Galaxy Digital, worth approximately $65 million, and also received over 65,000 Ether transfers from FalconX in the past 24 hours, valued at $293 million. Overall, the company added $358 million worth of Ether to