$ETH #ETF This Thursday 23rd the SEC must make a pronouncement on ETH etf's, as well as bitcoin etf's that were approved in January just the last deadline to make a decision, in the case of Ethereum ETF's there are many divided opinions on what the decision will be. My personal opinion is that I see it difficult to be favorable to the cryptocurrency ETF as the SEC has been very vertical in its stance of not allowing more cryptocurrency funds other than bitcoin, however factors have emerged that could force the sec to allow ethereum ETFs that may be filed this Thursday May 23rd.

Let's see what the possible scenarios are

- The best case scenario is that the SEV approves and gives the green light to the ETH ETFs proposed by VanEck, which would give the green light to approve others that may be requested, in this scenario I have no doubt that ETH will strongly increase its price as happened with BTC. In fact, given such an expectation, the ETH cryptocurrency at the time of writing this content is at a value of $ 3,713 and is heading to 4,000 to approach its historical maximum.

- Another scenario is that they give long to the decision and that will bring delay.

- The worst case scenario is that ETH ETFs are rejected. And that is where the factor that could force the sec to approve it comes into play is that it could be sued in case of not approving it, there are divided opinions on the matter although a majority is inclined to disapproval as the Bloomberg company, others think that the risk of a lawsuit could tip the balance on approval, however according to reports the SEC would be willing to reject and be sued which the SEC would be letting it be known that no product of this type will be approved without a court order, commented to Bloomberg. Such litigation could take years to resolve.

 In short, if Ethereum ETFs paraphrasing the famous Beatles song are not approved, a long and tortuous road lies ahead.