Ethereum nearly hits $4000 amid positive news:1. SEC has begun working with Ethereum ETH issuers on Form S-1.
2. A bipartisan group of House lawmakers sent a letter to Gary Gensler urging the SEC to approve spot Ethereum ETFs.
3. Many expect the SEC to approve spot
Ethereum ETFs as soon as today.
4. Analysts expect an uptrend in
Ethereum.5. Whales are actively buying
ETH and withdrawing from centralised exchanges.
UPD: the price has dropped below
$3900.