ETHE - Ethereum Headed Higher On Growing Regulatory Clarity And Platform Improvements For Eth2

• Recent protocol improvements in preparation from Ethereum 2.0 have been constructive for price action. This narrative likely continues as "the merge" approaches.
• Consensus out of the U.S. infrastructure bill is that proof-of-stake validators and wallet developers are exempt from the broker classification.
• The CFTC has clarified and iterated that Ethereum is a non-security commodity, which substantially reduces the likelihood of SEC enforcement actions related to the coin.
• Grayscale's Ethereum Trust provides direct, non-derivative exposure to Ethereum at a reasonable cost, with the added benefit of custody services.

For further details see: