The New York Stock Exchange (NYSE) has submitted a proposal to the SEC to allow Ethereum staking in Grayscale's Spot Ether ETF, potentially increasing institutional interest in Ethereum. If approved, staking rewards would be reflected in the ETF's net asset value. Additionally, Ethereum's ecosystem is expanding with the upcoming launch of Pectra on the Sepolia testnet, aiming to enhance scalability and user experience. Ethereum recently tested a support zone at $2,200 and maintained above it, with analysts eyeing a potential rally towards $3,000. Despite market volatility, Ethereum's growth is driven by regulatory advancements and technological upgrades.



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