ETH up 18% on Ether ETF approval hopes
Ether spiked 18% over 24 hours amid speculation of spot Ether ETF approval this week despite months of pessimism. According to Bloomberg ETF analysts Eric Balchunas and James Seyffart, there has been "chatter" that the US SEC is asking applicants to accelerate their 19b-4 filings. The approval odds have gone up from 25% to 75%.