ETH could thrive with or without spot Ethereum ETFs

The approval of US spot Ethereum exchange-traded funds (ETFs) could enhance Ethereum's market valuation. However, even if these ETFs are rejected, it may merely be a bump in the road rather than a roadblock, suggested Jupiter Zheng, Head of Research at HashKey Capital.If the ETF is denied, it will not be that bearish, as the market is not pricing in it yet, and we still have Bitcoin ETFs as... source: https://cryptobriefing.com/ethereum-etf-approval-outlook/