Hype Around Potential Ethereum Approval is Growing
👀 In Twitter reports that Standard Chartered predicts the approval of spot ETFs for Ethereum this week, with an influx of $45 billion in capital over the year.
📝 Additionally, there is information about an SEC request to NASDAQ and CBOE exchanges to make amendments to their ETF applications.
✔️ There are increasing arguments in favor of approval, but let's not lose our heads. The Bitcoin ETF saga was full of fakes, and this could repeat. 🧐 In case of a positive decision, ETH could break the $4,000 price ceiling and easily reach 🚀 $5,000 on momentum. However, if the ETH ETF is rejected, Ethereum's price could fall back to the $3,000 level or even lower. #ETHETFS
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