'Study Never Giving Up': Crypto Twitter Reacts to Ethereum ETF Win

Crypto Twitter took another victory lap after the SEC approved the first spot Ethereum ETFs in the United States.

3 min read

May 23, 2024

After the U.S. Securities and Exchange Commission approved eight spot Ethereum ETFs on Thursday, Crypto Twitter took another 2024 victory lap after the first Bitcoin ETFs were approved in January—and the U.S. House of Representatives passed the Financial Innovation and Technology for the 21st Century Act (FIT21), on Wednesday.

Lawmakers on both sides of the aisle have urged the SEC to approve spot Ethereum ETFs, saying that the exchange-traded product should receive the same consideration as spot Bitcoin ETFs.

Crypto Twitter reacted swiftly to the news that the SEC approved the Ethereum ETFs. Here are some of the standout reactions that followed the historic news.

While the majority of the crypto faithful celebrated, some took a more cautious tone.

And last but not least, the guy in the MOG shades who asked former President Trump about keeping crypto in the United States earlier this month—a move that some industry observers, at least, think could have swayed political momentum around crypto.

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