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Let's sort out the situation of ETFs. Approved 19B-4 of 8 companies including Grayscale, but did not approve S-1s (almost certainly approved, just a matter of time). S-1s takes 3-5 months, and then trading starts. This time it may be accelerated to approval within a few weeks. In the next 10 days, the committee can theoretically raise questions (it shouldn't happen, the people in it are in cahoots with each other). Short-term positives have been fully released in the news on Monday, so today's price reaction is not obvious. A 10% drop before approval is a leverage kill, just like the flash crash of 59,000 on March 6. Before the ETF is officially traded, every step of progress will be a small positive, pushing the price up. After trading starts, there may be a situation where Grayscale dumps the market, because Grayscale and other companies were approved at the same time. #现货以太坊ETF获美SEC批准

Let's sort out the situation of ETFs.

Approved 19B-4 of 8 companies including Grayscale, but did not approve S-1s (almost certainly approved, just a matter of time).

S-1s takes 3-5 months, and then trading starts. This time it may be accelerated to approval within a few weeks.

In the next 10 days, the committee can theoretically raise questions (it shouldn't happen, the people in it are in cahoots with each other).

Short-term positives have been fully released in the news on Monday, so today's price reaction is not obvious.

A 10% drop before approval is a leverage kill, just like the flash crash of 59,000 on March 6.

Before the ETF is officially traded, every step of progress will be a small positive, pushing the price up.

After trading starts, there may be a situation where Grayscale dumps the market, because Grayscale and other companies were approved at the same time.

#现货以太坊ETF获美SEC批准

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