Recent protocol improvements in preparation from Ethereum 2.0 have been constructive for price action. This narrative likely continues as "the merge" approaches.Consensus out of the U.S. infrastructure bill is that proof-of-stake validators and wallet developers are exempt from the broker classification.The CFTC has clarified and iterated that Ethereum is a non-security commodity, which substantially reduces the likelihood of SEC enforcement actions related to the coin.Grayscale's Ethereum Trust provides direct, non-derivative exposure to Ethereum at a reasonable cost, with the added benefit of custody services.
