The U.S. Securities and Exchange Commission (SEC) will review Grayscale’s Bitcoin Trust ETF filing once more.

The BTC Fear and Greed Index, a metric that measures the overall sentiment towards Bitcoin, reportedly stands at 66 indicating its presence in the so-called "Greed" territory.

Across the board, cryptocurrencies Cardano (10%), Ripple XRP (9.2%), Polygon (8.9%), and Solano (8.3%) were leading the pack with significant gains in the past 24 hours while Dogecoin (7%), BNB Coin (5.3%), followed the list.

Also Read Ethereum Tops $1,800 Following US PMI Data; Mina Emerges As Top Gainer

The SEC has also acknowledged Grayscale's spot ether ETF filing which will convert Ethereum Trust (ETHE) into a spot Ethereum ETF.

The SEC filing indicates that Grayscale Investments believes that allowing Shares of the Trust to list and trade on the Exchange as an ETP (converting the Trust to a spot Ethereum ETP) would unlock over $1.6 billion of value.

CoinGape reports that as per the technical chart, Ethereum's price has given a breakout above the $1,745 level after making a double bottom formation. Other technical indicators indicate a rally continuation going forward. If traders maintain their open buy orders it may lead to a potential 12.25% breakout to reach $1,958. If prices cross the $2,000 mark, the cryptocurrency will see a significant turning point.

U.Today reported that a pre-mine Ethereum wallet woke up after 8.2 years of dormancy. It reports 2,000 Ether coins in its address which are currently valued at $3.2 million. A Whale Alert tweet reported that the address moved all its 2,000 ETH to four different blockchain addresses.  

Read Next: Ethereum's 'Billionaire Tier' Accounts For Over 32% Of Its Total Available Supply

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