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A Historically Momentous Week, Increasing ETH Exposure

May 21, 2024 • 8 Min Read

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AKT -0.13% BONK 1.45% BTC -0.09% DOGE 0.96% ETH 0.22% HNT 5.40% IMX -1.38% MKR -3.40% OP -1.84% RON 0.00% SOL 2.14% STX N/A%

Imminent 19b-4 Approval Seems Likely

Up until yesterday, we were quite bearish about the prospects of a spot ETH ETF approval. Our off-the-record conversations with those close to the situation confirmed this sentiment. ETF experts James Seyffart and Eric Balchunas, who accurately predicted the Bitcoin ETF call, also assigned a very low probability of approval. The market agreed as well, with the ETHE discount widening from 8% to over 20% in the past couple of months, indicating a lack of co...

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A Historically Momentous Week, Increasing ETH Exposure

Imminent 19b-4 Approval Seems Likely

Unlock this article with a FREE 30-Day Trial!

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