The U.S. Securities and Exchange Commission (SEC) is soliciting public comments regarding the possible introduction of options trading for Ethereum (ETH) spot ETFs. This proposal could significantly impact market dynamics, especially given that these ETFs have already attracted substantial investment since their inception.
Despite underperforming with an 18% loss this year, ETH may be poised for recovery. Current indicators point towards a potential bullish reversal, and if ETH breaks past the resistance level of 2,850 USD, the price could surge towards 3,320 USD, reflecting a 21.8% increase.
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