Ethereum spot ETF received approval from SEC

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SUMMARY

All Ethereum ETFs have been approved by the U.S. Securities and Exchange Commission (SEC).

Recently, I saw the news that all Ethereum ETFs have been approved by the U.S. Securities and Exchange Commission (SEC). Seeing this news, I felt extremely excited. This is the biggest ETF approval event since the approval of BTC ETFs.

As early as a few years ago, Ethereum (ETH) has been criticized for not being decentralized enough, and some even claimed ETH to be a security. In response, the Ethereum ecosystem and practitioners have been tirelessly advocating. Hong Kong has been striving for opportunities, and Hong Kong became the first to seize the opportunity. Not long ago, Ethereum ETF applications submitted by fund companies such as Huaxia Fund were approved in Hong Kong. Congratulations to Hong Kong! Congratulations to Hong Kong! Congratulations also to the holders of ETH. Their long-term perseverance has finally brought about dawn.

As early as 2020, our company, Miner Source, began Ethereum mining. At that time, we purchased a batch of 580, 3060, and 3080 graphics cards for Ethereum mining. After about half a year, we recovered the hardware and electricity costs and made a profit. Finally, before the transition from Proof of Work (POW) to Proof of Stake (POS), we sold all the graphics cards. Later, due to the ban on mining in mainland China, we successfully transformed from miners to mining machine distributors. This is also why we understand miners better than most mining machine distributors in the market: we understand the anxiety of miners about investment returns, concerns about stable electricity supply, worries about policy and legal continuity, and the need to update and sell old machines after mining. At Miner Source, you can always get honest and sincere advice. If you have old machines to sell, you can also contact your business development representative. We have helped many customers sell ASIC and GPU hardware.


We found that there is a significant correlation between the price fluctuations of ETH and ETC. This approval of ETH not only benefits the Ethereum ecosystem but also provides a wave of global traffic for the ETC ecosystem. If you need to buy ETC mining machines, please click here.

Contact us now to order machines and join us in shaping the future of crypto mining.

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