Here's your summary from Bloomberg Crypto 05/28/2024 (https://www.youtube.com/watch?v=mqcAZT0HXvA) on the Bloomberg Television channel:
### TLDR:
The video discusses the recent SEC approval for investing directly in Ether, the introduction of ETNs holding Bitcoin and Ether, and the passage of a bill establishing a regulatory framework for cryptocurrencies.
### Key Points:
1. SEC approval paves the way for investing directly in Ether and the debut of ETNs holding Bitcoin and Ether.
2. The House passed a bill establishing a regulatory framework for cryptocurrencies, but the odds of it becoming law are low.
3. There is bipartisan support for embracing the need for market structure in the cryptocurrency industry.
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