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Ether slips after SEC opens the door to ether ETFs, but still posts best week in more than a year

Ether prices on pace for best week in a year after SEC approves ETF applications

Ether slipped on Friday even after the Securities and Exchange Commission approved a rule change that will pave the way for exchange-traded funds that buy and hold the cryptocurrency.

The price of ether fell about 1% to around $3,745, according to Coin Metrics. For the week, it climbed more than 20% to notch its best week since March 2023.

“Today’s market behavior seems more like a pause as investors digest recent gains and assess the impact of…


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