Recently, the president of ETF Store revealed a significant announcement that a physical Ethereum ETF has been approved. This marks an important turning point in the regulatory policies of the cryptocurrency sector. The approval categorizes Ethereum as a commodity rather than a security, opening up new investment avenues. It is reported that five Ethereum ETFs will officially launch on the Chicago Board Options Exchange (Cboe) on July 23rd, which is expected to spark a surge in investor interest and potentially have a positive impact on market prices.