Ethereum surges on Ark Invest and 21Shares’ ETF amendment

Ethereum Price Surges After Ark Invest and 21Shares Amend Spot ETF Application

Ethereum’s native token, ether (ETH), has experienced a significant surge in price following news of amendments to the joint spot Ethereum exchange-traded fund (ETF) application by Ark Invest and 21Shares. The price of ETH reached $2,457 before retracing to its current price of $2,424. This development comes on the heels of the successful deployment of the Dencun upgrade on the Holesky testnet, further bolstering the positive outlook for the Ethereum ecosystem.