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Ethereum [ETH] recently crossed the $1,800-price mark during the bull run but failed to sustain the price correction. Grayscale Investments announced that NYSE Arca filed with the U.S. Securities and Exchange Commission (SEC) to convert Grayscale Ethereum Trust into a spot Ethereum ETF. Following the partial victory of Ripple [XRP] in its legal battle with the U.S. SEC, ETH soared to a three-month high. ChatGPT, a natural language processing tool, has been used by traders and analysts to their advantage, and the broader crypto ecosystem has also benefited from it.
