🚀ETH soared 10% in minutes on Monday, hitting $3450! Rumor has it, a US spot ETF for ETH could be on the horizon.👀

🐦Bloomberg ETF analyst, Eric Balchunas, tweeted that the odds of ETH ETF approval this month have jumped from 25% to a whopping 75%. Seems like the SEC might be changing its tune on this hot topic.🔄

📜Remember H.J.Res.109? The resolution to ditch an anti-crypto banking rule passed by the SEC? Despite Biden's veto threat, it sailed through the House and Senate with bipartisan support.🎉

🔍Balchunas and partner, James Seyffart, confirmed their accounts weren't hacked and their odds shift is based on info from multiple sources. Expect a flurry of filings in the coming days if they're right.📂

🎙️Fox Business reporter, Eleanor Terret, added that a prospective ETF issuer said things are "evolving in real time" regarding their application approval.🔄

📈BTC also got a boost from the news, rising 5% to $69,850 on Monday. The crypto market saw $226M in liquidations in the past 24 hours, according to Coinglass.💰

What do you think? Is a US ETH ETF just around the corner? Let's chat in the comments!👇 #ETH #ETF #CryptoNews