Unlike the spot Bitcoin ETF, which was approved via voting by a five-member committee, including SEC chief Gary Gensler, the spot Ether ETF was approved by the Trading and Markets Division of the SEC.

Unlike the spot Bitcoin ETF, which was approved via voting by a five-member committee that included SEC chief Gary Gensler, the spot Ether ETF was approved by the Trading and Markets Division of the SEC. 
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The approval of the spot Ether ETF by the Trading and Markets Division of the SEC showcases a growing acceptance and recognition of cryptocurrencies in the financial market.
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