Ethereum Outperforms Bitcoin on Hopes of SEC Approving ETH ETF
• Ethereum has outperformed Bitcoin since fake spot ETF approval, signaling traders anticipate real ETH ETF approval
• Analytics firm says SEC logic approving Bitcoin spot ETF improves odds for Ethereum spot ETF approval
• Market favoring higher beta Ethereum ecosystem assets like layer-2 tokens and liquid staking protocols
• Traders speculating on Ethereum spot ETF approval as next big catalyst for ETH price growth
• Ethereum up 13% year-to-date, currently trading around $2,564