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Inevitability of ETH ETF Approval
The approval of an Ethereum (ETH) Exchange-Traded Fund (ETF) is considered inevitable due to the precedent set by the approval of a Bitcoin Spot ETF. The rationale behind the approval of the Bitcoin Spot ETF was that one cannot differentiate between the futures market and the spot market. Since the SEC allowed ETH futures ETFs to trade and there is a high correlation between the prices of assets in the spot and futures markets, it would be arbitrary and capricious not to approve an ETH ETF based on this precedent.