5.20 ETH ETF to be approved?
The probability of an Ethereum ETF has gone from 10% to 75% overnight.
If the proposal is approved, we may see similar price action to Bitcoin.
I still believe ETH is one of the best risk/reward investments this year.
The fundamentals are strong, but the narrative and sentiment are not.
I look for value and risk-adjusted returns in the market.
This could spur a big push in the Altcoin space.
The ETF issuance will be decided on May 23rd #eth, but the uncertainty is not over yet. Altcoins will see a recovery due to the anticipation of these two days.
It's just that no one knows if it will be approved. If not, we are back to square one, if approved, bullish!
