Ethereum Market Heats Up as ETH MVRV Flashes Bullish Signal Ahead of Potential ETF Approval

The potential approval of spot Ethereum (ETH) exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) is causing a stir in the crypto market. CryptoQuant’s CEO, Ki Young Ju, has shared optimistic insights regarding Ethereum’s Market Value to Realized Value (MVRV) metric. Ju suggests that the rising MVRV ratio for Ethereum indicates that