Head of digital assets at Blackrock has said there is "little interest" from their clients in Ethereum. SEC has also delayed multiple Ethereum ETF decisions as of last week. It does not look very hopeful at the moment.

In the case, ETH approval does happen, there will be a sell the news event. If ETH etf rejection instead, then a lot of longs will get liquidated. Either way, there is huge selling pressure. The only way to navigate such price volatility is best to stay in spot holding bags.

I think ETH will continue to perform well this bull cycle, but it may not be the best option for most crypto users to maximise their portfolio gains, especially with low capital.