Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
The Securities and Exchange Commission (SEC) decision on the Ethereum ETF Approval on May 23 will mark a turning point, with opinions divided on whether we’re getting the green flag for ETH ETF, or, told to wait until 2025.
Bloomberg’s Eric Balchunas highlighted the formidable regulatory challenges faced by Ethereum ETFs compared to Bitcoin, notably probing the Ethereum Foundation’s centralized impact on the token.
Ethereum (ETH) isn’t Bitcoin (BTC)—it has layers of complexity, making it hard to determine where the SEC stands.
So with that, here is what the expert bull and bear crypto traders are saying about the Ethereum ETF approval:
ETHEREUM continues to bleed vs Bitcoin.
And very likely the…