Post
Topic
Board Altcoin Discussion
Re: Will It Be Jubilation or Devastation? Ethereum ETF Call Imminent
by
DiMarxist
on 24/05/2024, 18:13:08 UTC

The Ethereum ETF has been a big deal lately. For a long time, Ethereum has been under a lot of questions and uncertainty from regulators. This has made things difficult for the whole crypto industry, especially for Ethereum and its related projects. However, there is hope that if the ETF is approved, it could be a positive sign for more stable and clearer regulation.

If the ETF gets approved, it would be an important milestone. It might show progress towards regulators understanding crypto better, even if not completely. Some people think political factors, like President Biden's team wanting to get more support by approving the ETF, show how important crypto has become in American politics.

What do you think the implications of an approved or rejected Ethereum ETF will be for the crypto market as a whole? Share your thoughts below!


The news is out, Ethereum ETF has been formally approved by Security and Exchange commission (SEC) last night which was widely expected by crypto community. The Ethereum price could not create any waves in the market as some more procedural and technical issues need to be settled before its formal trading can commence. Nevertheless, this milestone is historic and it will have very positive impact on overall crypto currencies market in coming weeks and months.
I also saw the news that Ethereum Spot ETF has been finally approved yesterday 11 pm in the night. And this is a good news to the cryptocurrency community because if bitcoin and Ethereum have been approved by the SEC then the cryptocurrency market will increase and those who invested in Ethereum for years would smile when it reach $20,000.
This is really a milestone achievement of Ethereum community.