Might we actually get an Ethereum Spot ETF approval?

in #ethereum27 days ago

That would come as a big surprise to me, knowing how hard Gary Gensler and the SEC resisted the BTC Spot ETF approval earlier. And there are difference between Ethereum and Bitcoin, which means that Bitcoin acceptation was okay, but approving the Ethereum Spot ETFs would be like accepting the entire industry of cryptocurrencies, which would be a gigantic step for the entire industry, and also for proof of stake chains.

_b279066d-63db-4d71-8267-d53f35e8347d.jpeg

I am still a skeptic, so I do expect a negative answer to the applications and a price dump, but I would be way more happy to see the ETFs accepted, because that would give further boost to the price of my Ethereum, and also to the entire industry, and it might give a boost to the upcoming bull-run that I am looking forward to and hoping will come as soon as possible!

Coin Marketplace

STEEM 0.20
TRX 0.12
JST 0.028
BTC 65302.82
ETH 3492.44
USDT 1.00
SBD 2.47