Ether Tumbles 6% as ETH ETF Hopes Dim Amid Regulatory Probe Reports

Ether dropped to near $3,200 and other cryptos turned lower as the regulatory headwind weighed on the market. Ether-based spot ETFs likely won't get approved by the SEC in May, Bloomberg analysts said Tuesday.

Ethereum's ether (ETH) tumbled as much as 6% Wednesday amid concern much-hoped-for ETH exchange-traded funds face a

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