🚀📅 Big week for #Ethereum! SEC decision on VanEck's spot E

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🚀📅 Big week for #Ethereum! SEC decision on VanEck's spot ETH ETF due on May 23, setting the tone for other issuers like Ark 21Shares, Hashdex, Grayscale, and more. 🔍 SEC needs to approve 19b-4s (exchange rule changes) & S-1s (registration statements) for ETFs to launch. Could they slow play the S-1s? It's possible. 🗳️ Five SEC Commissioners, including crypto-friendly Gensler, Pierce, and Uyeda, will vote. Will Gensler's vote tip the scales? 💰 ETH price could pump if approved, but consensus leans towards rejection. Yet, some analysts believe the ETH bottom is in and spot ETFs will eventually get approved. 📉 ETH prices slightly down, hovering around $3,100. SEC approval could trigger a quick rise to $3,500 and beyond. What's your take? Will we see a green or red day for ETH? 💚❤️ #DeFi #CryptoNews

🚀📅 Big week for #Ethereum! SEC decision on VanEck's spot ETH ETF due on May 23, setting the tone for other issuers like Ark 21Shares, Hashdex, Grayscale, and more. 
🔍 SEC needs to approve 19b-4s (exchange rule changes) & S-1s (registration statements) for ETFs to launch. Could they slow play the S-1s? It's possible. 
🗳️ Five SEC Commissioners, including crypto-friendly Gensler, Pierce, and Uyeda, will vote. Will Gensler's vote tip the scales?
💰 ETH price could pump if approved, but consensus leans towards rejection. Yet, some analysts believe the ETH bottom is in and spot ETFs will eventually get approved. 
📉 ETH prices slightly down, hovering around $3,100. SEC approval could trigger a quick rise to $3,500 and beyond. 
What's your take? Will we see a green or red day for ETH? 💚❤️ #DeFi #CryptoNews