At present, several fund management institutions have submitted revised S-1 documents for spot Ethereum ETFs to the SEC. According to the SEC's previous remarks, the Ethereum ETF is likely to be approved this summer.

Judging from the current market performance of Ethereum (ETH), its upward trend is significantly stronger than Bitcoin (BTC).

Therefore, the probability of Ethereum ETF being approved in late June to early July is relatively high.

Once listed for trading, the influx of new funds will greatly boost the cryptocurrency market, and it may usher in a strong rebound.

If you are currently holding a short position, it is recommended to arrange some high-quality cryptocurrencies with potential in advance to prepare for the upcoming bull market.

Especially the leading mascot tokens on the Solana (Sol) chain, such as PHRYGES, which have a thousand-fold growth potential similar to Shiba Inu (SHIB) and Pepe (PEPE).

PHRYGES has been reported by many cryptocurrency news channels such as Binance News and Golden Finance. The current market value is still at the bottom and has a lot of room for growth.

With the Olympics approaching, the name PHRYGES may completely trigger the market's FOMO sentiment (fear of missing out), and the token price may also rise rapidly.

Therefore, the second half of the year is expected to usher in opportunities for wealth freedom.

In summary, the current time is a very favorable time to make arrangements. It is recommended to pay attention to market dynamics, choose potential currencies, and welcome the upcoming market rebound and bull market. #美联储何时降息？ #币安用户数突破2亿 #LayerZero