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Next, a new chapter will start if the Ethereum ETF is approved, which would be really great. But the Ethereum series has so many different sections. Which currencies and which industries will boom? You will not profit whether you enter the market at the correct time or not, how much money you invest, or whether the currency issue is not resolved. The market from 2023 through the first part of this year is available for review. Bitcoin is now worth $73,000 USD. A common misconception is that one may earn money by purchasing anything. What is the outcome? Due to their incorrect currency selection, the majority of consumers are losing money. $ETH $BTC #ETFvsBTC #ETH #BTC

Next, a new chapter will start if the Ethereum ETF is approved, which would be really great. But the Ethereum series has so many different sections. Which currencies and which industries will boom? You will not profit whether you enter the market at the correct time or not, how much money you invest, or whether the currency issue is not resolved. The market from 2023 through the first part of this year is available for review. Bitcoin is now worth $73,000 USD. A common misconception is that one may earn money by purchasing anything. What is the outcome? Due to their incorrect currency selection, the majority of consumers are losing money.

$ETH $BTC #ETFvsBTC #ETH #BTC

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Michael Saylor's Comment on Bitcoin Following the Approval of the Ethereum ETF: "Bitcoin Will Be Crushed!"Michael Saylor, the inventor of MicroStrategy, sent a forceful statement to the Bitcoin community after the Ethereum ETF was approved. The inventor of MicroStrategy and a prominent proponent of Bitcoin, Michael Saylor, has sent a forceful message to the Bitcoin community in reaction to the recent approval of spot Ethereum exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC).Posting a message titled "Bitcoin Godzilla" when the Ethereum ETF was approvedSaylor—a well-known, long-term proponent of Bitcoin—spoke on 'X' on his unflinching conviction in the dominance of Bitcoin. Referred to as "Bitcoin Godzilla," his speech predicted that Bitcoin will keep beating Ethereum and other cryptocurrencies in the market. Saylor declared, "All your models are gone when Godzilla comes," in a move that was typified by her audacity. He posted an image of the infamous Godzilla movie monster wrecking destruction along with the hashtag #Bitcoin.Saylor and other Bitcoin aficionados anticipate that the cryptocurrency will have enormous power and market influence, as symbolised by the small #BTC mascot in the bottom right corner of the image. Saylor's opinions were echoed by Jan3 CEO and fellow ardent Bitcoin maximalist Samson Mow, who expressed disapproval of the Ethereum ETF acceptance.According to Mow, "the odds of Spot Ethereum ETFs being approved were always 50/50," implying that regulatory pressure would almost certainly result in the SEC allowing #Ethereum ETFs. $BTC $ETH #ETHETFsApproved #EarnFreeCrypto2024 #MicroStrategy
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Where can I find out if the ETF has passed, several fans enquired? Visit the official SEC website. I'll provide the exact link to the SEC information release page for your convenience. It is located in the comment section. It doesn't matter if it passed or not because you have no control over the outcome. If it passes, you can consult the Bitcoin trend. Initially, following passage, it will encourage the ascent of the market in the short term, and then users who hold ETH in Grayscale may sell their ETH, just like selling GBTC at the beginning. The acceptance of the market will determine whether it falls or not. For instance, unlike Bitcoin, Ethereum's market value might not have a strong callback. It is better, in my opinion, if the ETF can withstand it and moves sideways in the near run before rising in the long run. Naturally, even if it is unable to withstand the callback in the near run, it will eventually push it higher. Thus, there's no need to overanalyze if it fails. In any case, expecting the outcome right now is not reasonable. These procedures are S-1, S-3, and 19b-4. What is meant by 19b-4? It resembles a licence for food. If you comply with the safety requirements, you can only continue producing. but being able to produce does not necessarily mean that you can sell it in the market. Then, other institutions may apply for S-1, while Grayscale alone needs to apply for S-3. Is it therefore conceivable for Grayscale to fail S3 while S1 passes? In essence, it is not feasible. Does this suggest that ETFs will pass if 14b-9 is approved? S1–S3 might not be approved, but the likelihood of failure is already extremely low, comparable to Brother Bing's numerous content supplements. If the material is insufficient, the SEC will need supplements, so if it is denied, it can be changed and reapplied. Therefore, will the Federal Reserve, per custom, postpone BlackRock's application deadline to August, authorise 19b-4 in August, and then proceed to approve S1 and S3 one at a time? #ETHvsBTC #ETHETFS #BTC $ETH $BTC #ETFvsBTC
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