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Breaking News: Big News! Ethereum Spot ETFs Approved by the SEC! The source document is attached. The development that the entire cryptocurrency world has been waiting for has finally taken place and Ethereum Spot ETFs have been approved by the SEC. #ETH #SEC $ETH

Breaking News: Big News! Ethereum Spot ETFs Approved by the SEC!

The source document is attached.

The development that the entire cryptocurrency world has been waiting for has finally taken place and Ethereum Spot ETFs have been approved by the SEC.

#ETH #SEC $ETH

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ETF BREAKING NEWS 📰: THE MOST EXCITING MOMENTS IN YEARS. Bloomberg ETF Analyst Eric Balchunas: "There's no update yet. We're waiting to hear something. I've seen two different people here claiming (without saying their sources) that it was delayed until later tonight, but we can't confirm that with anyone yet." That's all we know at the moment. #ETH #SEC #ETF✅ $ETH
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WHICH PROJECT WILL HAVE THE NEXT ETF? BKCM CEO Brian Kelly made headlines when he suggested on CNBC that a certain digital asset could be the next cryptocurrency to have an exchange-traded fund (ETF). Speculation on a Potential Solana ETF Amid Market Uncertainty The announcement reignited controversy in the financial community, especially after similar speculation emerged in Hong Kong earlier this year, suggesting that an issuer may be preparing a SOL ETF. However, Kelly acknowledged some of the obstacles that could prevent the launch of a Solana ETF. Unlike Bitcoin (BTC) and Ethereum (ETH), Solana does not currently have a futures ETF, a factor that simplifies the process for regulators and issuers. In addition, the US Securities and Exchange Commission (SEC) classified Solana as a security, further complicating the path to becoming an ETF. Despite these challenges, the potential for a Solana ETF continues to resonate. Known for its high trading speeds and low costs, Solana has gained significant traction within the crypto community. The crypto market is keenly watching developments on this front, as the successful launch of a Solana ETF could signal a new phase of growth and adoption for alternative cryptocurrencies beyond Bitcoin and Ethereum. #etf #sec #usa #BinanceHerYerde #Binance
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HOT MOMENTS: WHALES MAKE THESE MOVES AHEAD OF ETHEREUM SPOT ETF DECISION! On the evening when Ethereum Spot ETFs are expected to be approved, the transactions made by cryptocurrency whales attract attention. The increase in the activities of Ethereum whales in recent hours attracts attention. Here are some of the trades made by whales. One of these whales is a wallet believed to belong to Jeffrey Wilcke, one of the Ethereum co-founders. Wilcke moved $37.38 million worth of ETH to Kraken at a price of $3,738, according to onchain data. Since the beginning of 2024, the founder has transferred 24,300 ETH to Kraken, totaling $75.52 million. The average price of ETH that the whale transferred to cryptocurrency exchanges was $3,108. At the time of this writing, Wilcke holds 126 thousand ETH worth $473 million. On the other hand, a cryptocurrency whale with the short address 0x4451 is thought to have made a panic sale. The whale wallet sold 7,921 ETH at $3,754 at a point when the ETH price temporarily dropped sharply. The coins in question were staked. The third and final whale moved 10,690 ETH worth a total of $40.69 million to the Binance and HashKey cryptocurrency exchanges. This whale acquired these ETH coins worth $38 million between March 26 and April 13, with an average purchase price of $3,551 #ETH #SEC #BinanceHerYerde #Binance #btc $ETH
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IF BITCOIN PRICE REACHES THIS LEVEL, EUPHORIA MAY BEGIN. In a market report dated May 21, crypto analyst James Check stated that if Bitcoin reaches $73,000, extreme optimism may begin. The market is not yet "overstretched, overbought and oversaturated," Check said. The analyst cited the short-term holder (STH) market value to realized value (MVRV) metric. "While the transition from euphoria to the more intense side can happen quickly, we see that we have not yet reached that state..." Check said. The crypto analyst believes that the peak in enthusiasm has not yet been seen. Check also emphasized the possibility of short-term profit-taking wallets selling at the $73,000 level. Several other analysts also agreed that market enthusiasm has yet to peak. "Bitcoin is at $70,000, there is little excitement and no enthusiasm, we have to accept that," crypto trader Matthew Hyland wrote in a post on X on May 22. "Bitcoin is just a fraction away from discovering new highs," crypto trader Jelle added. Another influencer, Yoddha, believes that Bitcoin will reach its peak price before March 18, 2025: "Bitcoin has been consolidating in the current range for the last 84 days, I think BTC will peak in the next 300 days." Short-term MVRV indicator. Source: James Check #BinanceHerYerde #Binance #btc #Bitcoin #SEC $BTC
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At What Time Will SEC Announce Ethereum ETF Decision? Bloomberg Analysts Announced Their Predictions! Ethereum investors and the entire cryptocurrency market are waiting for the SEC's spot Ethereum ETF decision. While there is no clear information at this point, Bloomberg ETF analyst Eric Balchunas made a time estimate, stating that he believes that the SEC will approve ETH ETFs. At this point, Balchunas, who made a prediction based on the SEC's spot Bitcoin ETF announcement time, estimates that ETH ETFs will be approved at 16.00 New Jersey time (08.00 UTC). Bloomberg analyst James Seyffart also stated that I agree with Balchunas' prediction, "There is no set time for the SEC to announce the Ethereum ETF decision, but the expectation will be around the closing of the market. It could come late in the morning, but it seems unlikely to me. I can almost guarantee that this decision will come before 6 pm tomorrow." As it is known, the SEC contacted exchanges and ETF issuers earlier this week and Bloomberg ETF analysts raised the ETH ETF approval probability to 75%. After this situation, ETH experienced a big rise. The SEC will announce its decision on VanEck's spot Ethereum ETF application today. #eth #etf #BinanceHerYerde #sec #btc $ETH
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