May 23 is a key date for ETH spot ETF

The Ethereum community claims:

1. Insiders buy ETH before the ETF deadline next week, and the price will be quickly pushed up to 4000U/ETH.

2. ETH will reach a price of $6,000 before August.

3. ETH will have a fomo period of more than 2 months.

But it is more likely that before the deadline, institutions will choose to push up the market to make profits. Regardless of whether the ETF is passed, they will profit from this event.

The SEC has not yet held a meeting with ETF applicants.

In addition, the SEC will not let BlackRock be approved three months later, and the ETH spot ETF will be postponed until at least September.