The crypto market was hit with positive Ethereum ETF news at the start of this week, which helped boost the prices of most altcoins. Bloomberg analysts increased the chances of Ethereum ETF acceptance from 25% to 75% yesterday, providing a boost to the entire crypto ecosystem.
Ethereum itself produced the best single-day performance of this bull run, with the ETH price surging 17%. However, ERC20 tokens, which are built on the Ethereum blockchain, are stealing the spotlight today.
Will Ethereum ETF get approved?