Four months have passed The gold content of ETH pledged ETFs is still rising~ Price reflects value, it's just the beginning BlackRock's ETF application is expected to receive a preliminary response from the SEC before October this year. Let's see Q4! I just saw the SEC say, 'Pledged ETFs are not securities.' This ETF is not just about price returns, but also about on chain staking returns. Equivalent to shareholding dividends~ This transformation means that ETH is now a regulated financial asset that can generate returns, no longer just a geek tool! 180 degree magnificent turn! Positive news for ETH