Degen

It won't be long until Ethereum is recognized as an official asset worldwide.

Today, Consensys announced that the SEC has concluded its investigation into Ethereum 2.0. 
This will serve as a significant milestone for all POS projects and indicates a paradigm shift for the entire crypto industry.

Additionally, according to The Block, the SEC has requested BlackRock and other spot ETF applicants to submit revised S-1 Forms by this coming Friday. Reasonably, this suggests that approval is imminent.

In just a few weeks, Ethereum will emerge as a recognized asset, and the on-chain ecosystem where this asset is freely utilized will start to receive unprecedented interest. 
Not suspicious interest, but a curiosity-filled one.

Some may still believe there are risks associated with the spot ETF, but I do not. 
The reason I consider the approval of the S-1 Form for Ethereum spot ETF as a foregone conclusion is🧵

Stealth Identity | Builder at CEX Listed Project | Industry Insights | NFA

https://x.com/0xsupergenius

Exciting news for Ethereum and the entire crypto industry! The conclusion of the SEC's investigation into Ethereum 2.0 is indeed a significant milestone. Approval of the S-1 Form for Ethereum spot ETF seems promising, signaling growing recognition for Ethereum as a legitimate asset. This development could pave the way for increased adoption and interest in the on-chain ecosystem.