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    UNI, LDO Soar As Analysts Anticipate Ether ETF Approval

    ByMay 22, 2024, 6:16 AM1 Mins read43 Views
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    UNI, LDO Soar As Analysts Anticipate Ether ETF Approval

    Ethereum (ETH) has experienced a significant price surge in the past 24 hours due to news of a potential Ethereum ETF approval.

    The US Securities and Exchange Commission (SEC) initiated this optimism by asking for accelerated filings of 19b-4s by issuers.

    As Ethereum’s price surged to above $3,700, Uniswap (UNI) and Lido DAO (LDO) tokens raced to their highest levels since April 12.

    LDO and UNI tokens soared 32% and 19% respectively, trading at highs of $2.35 and $9.47 on Tuesday morning.

    (With inputs from Shikha Singh)

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