🔥What are the scenarios regarding the approval or non-approval decision of the ether spot ETF?
Today the decision on the #ETF cash Ether will be known, where in the last few hours it has been highlighted that there is strong political pressure for it to happen.
As a first scenario we have that "the Ether spot ETF is approved", after the announcement this could bring a lot of #Volatilidad at the price of #ETH . If we make a comparison with what happened after the approval of the #Bitcoin spot ETF, the price of ETH could have the same behavior, having a moderate rise and a subsequent fall.
As a second scenario we have "that the Ether spot ETF is not approved", this could bring disappointment to investors, so they would start selling ETH, causing the price to fall.
The last (less likely) scenario is that they continue to postpone the approval decision, this would cause the price of ETH to lateralize for a few days, just as it has been doing since Monday.
All of this is a personal opinion based on historical data, perhaps it could occur to a lesser or greater extent, that will be determined by #mercado .
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