Recent approval of the Ether ETF has sparked significant gains for Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE). With Bitcoin poised to exceed $74,000 and Ethereum rallying around $3,600, major milestones are anticipated at $75,000 and $4,000, respectively. Despite uncertainties regarding the timeline, there's optimism surrounding the Spot Ether ETF.

Updates indicate a cautious engagement between applicants and the US Securities & Exchange Commission, with approval of 19b-4 looming, while S-1 approval may take more time. The SEC's careful approach reflects concerns about potential losses for traders and investors. Nonetheless, BTC, ETH, and DOGE continue on an upward trajectory, with ETH leading the surge, up by 25.50% in the last 7 days and 14.96% in the last 30 days.

Renewed interest in flagship cryptocurrencies and meme coins, coupled with high Open Interest in Ethereum, has bolstered the likelihood of Spot Ether ETF approval, as noted by analysts Eric Balchunas and James Seyffart. Meanwhile, other altcoins, including meme coins like SHIB and BNB, are also experiencing notable increases in token values.

The current market conditions are being hailed as the crypto market's best days, largely driven by the potential approval of the Spot Ether ETF by the SEC.