Post
Topic
Board Speculation (Altcoins)
Re: ETH ETF is pretty much set in stone, approval just at the corner.
by
jaberwock
on 26/05/2024, 11:04:06 UTC
Not sure why everyone is asking OP to close this topic when clearly there is no needs for it. This a speculation board and OP is speculating whether ETF will get approved or not and what will happen to Ethereum price if approval is done.

I doubt that the ETF will get approved so easily. Bitcoin ETF approval took a lot of time and I feel Ethereum's ETF will go through the same phase. Yes, the price will go up in similar fashion like Bitcoin but it won't happen this year.
Not everyone but there are only two users I see so far who recommend it. Maybe there are still some differences from this to the other, so yeah that this one here might be worth keeping. As the title says, the OP is very confident that ETH is now scheduled for approval and just like in BTC, ETH will also benefit greatly from it, since it is a well-known coin and many people can now invest on it indirectly via the ETF.

It's not a big deal for me if ETH approval takes time but what important is their decision is now final and there is no way for them to revert it for whatever reasons they can think of. For now, there are still BTC and other cryptos that keeps on making me busy.