Ether Spot ETF Approval Odds Rise as Japan Opens Fund Investment, Sui TVL Climbs, and Top Cryptos Like ETH Outpace Bitcoin
• Ether (ETH) may be next in line for SEC approval of a spot ETF after bitcoin's recent rally driven by introduction of BTC ETFs • Bernstein sees 50% chance of ETH spot ETF by May, near certainty within 12 months • Japan cabinet approved bill allowing investment funds to acquire crypto assets like BTC and ETH • Layer-1 blockchain Sui has seen sharp rise in total value locked (TVL), overtaking Cardano and others • Top performing cryptos in past week were HBAR, KAS, MATIC, ADA, and ETH, with ether beating bitcoin's gains