The cryptocurrency market is abuzz with anticipation as issuers of spot Ethereum (ETH) ETFs expect imminent final approval from regulators. The SEC is anticipated to provide final comments by early next week, paving the way for listings as soon as next week. Kraken's Head of Strategy, Thomas Perfumo, believes the launch of Ethereum ETFs will bring significant attention and capital to the crypto market, potentially funneling $1 billion. Ethereum has seen a notable recovery, currently trading at $3,155 with a 27% spike in trading volume over the last 24 hours. Major players like VanEck and 21Shares have submitted updated filings, and a whale recently purchased 10,545 ETH for $33.29 million, signaling strong market confidence. Ethereum is also trading at $3,135, up 0.3% today, showing signs of life as investor confidence creeps back.