Quote from: enwi on May 24, 2024, 11:14:36 PM

Quote from: batang_bitcoin on May 24, 2024, 10:20:31 PM

Quote from: aima55 on May 24, 2024, 09:42:22 AM

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!

Forget about the rejected ETH eth proposal since they're already judged but moving on to the approved one. It seems that there's a positive implication on the market lately. Did you see how ETH moved? because it seems that it have been stable at all.
Now, the trend will be like this. After BTC and ETH, what's next for these institutions to apply for another crypto etf spot? I have been reading the rumors about solana.

Proposals that are rejected still have a chance to be improved again and when some are approved then this is a good development for Ethereum to immediately continue its journey to start the altcoin season next year.

Yes but as of now, forget about them because they have no contribution to the market. They will only have contribution once they are approved and they start being traded. So for now, don't get bothered with the rejected applications and wait until they reapply for that and think of what could be the impact if they've been approved. But as of now, stick to the approve ones and we'll get to see the impact of it by next month.