🔔 Ethereum-ETF
We'll find out on May 23 if the spot ETH-ETFs will be approved.
This is the day the SEC has to review the application from one of the major funds, VanEck.
If the VanEck's ETF is rejected on this day, it'll probably mean that the others will be rejected too ❌
They'll accept or reject them all, just like they did for the spot #BTC-ETF
Bloomberg Intelligence analysts have even slashed the approval odds to less than 35%.
🙃 But I'm still #Optimistic that spot #ETHETFS will get the green light soon, probably by September. It's only a matter of time before things really take off.