Ethereum, the second largest cryptocurrency after Bitcoin, has attracted much attention from investors and regulators. The U.S. Securities and Exchange Commission (SEC) has been stubborn in its denial due to political pressure, but industry experts believe that the approval of an Ethereum exchange-traded fund (ETF) is almost certain in the coming months.

ETF experts have previously pointed out that the lack of meaningful communication between the SEC and proposed issuers is often a red flag indicating denial. However, last October, the SEC approved an Ethereum ETF product based on commodity futures, a decision that may have foreshadowed the upcoming decision to approve spot products. This approval not only solidified Ethereum's status as a non-security, but also paved the way for the launch of more Ethereum-related financial products in the future.

Experts are once again confident of approval, and participants in the crypto market agree that the Ethereum ETF is likely to be approved this Thursday. This expectation has driven positive market sentiment and also reflects investors' optimism about the prospects of Ethereum. Today, the price of ETH soared, which also gave all believers a satisfactory answer.



Despite political pressure that forced the SEC to take a denial stance, the approval of an Ethereum ETF seems to be a foregone conclusion. Crypto market participants are looking forward to this approval, believing that it will be an important milestone in the development of Ethereum.

about the price:



These two days, we have been recharging our faith. Since Ethereum broke through the downward trend line, we have been reminding you that it will definitely rise. After it stabilized at 3,000 points, we entered the market for the first time.

If you buy after a sharp rise now, you will be carrying the sedan chair for the dog dealer and taking over the market. You should cultivate when you should cultivate and reap when you should reap. It is recommended to reduce your position by half now, and hold the position without risk and wait for the good news to land.#以太坊ETF批准预期 #BTC走势分析 #ETH #BTC #5月市场关键事件