After a market-wide crash that saw Bitcoin hit as low as the $24,000 region on derivatives exchanges – in the largest liquidation event since the FTX collapse – surprise news hit.
A Bloomberg exclusive, syndicated by Yahoo Finance, states that the SEC is ‘set to greenlight Ether-Futures ETFs’.
That headline alone caused the Ethereum price to sharply bounce from its low of $1,550 on Binance – even hitting $1,465 on Bybit – back to just under the $1,700 level at the time of writing….
Read More: Rumors SEC Poised To Approve Ethereum Futures ETF – ETH/BTC Bounces After Crypto Crash
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