The probability of Ethereum ETF approval has increased to 75%, with ETH breaking through $3642
Bitget market data shows that ETH has broken through $3642, with a 24-hour increase of 18.7%, and BTC has broken through $70240, with a 24-hour increase of 5.92%. Bitget reported yesterday that the SEC will make a decision on Ethereum spot ETFs this week.
In addition, according to Bloomberg senior ETF analyst Eric Balchunas's post, "James and I are raising the chances of approval for the spot Ethereum ETF to 75% (up from 25%). We heard rumors this afternoon that the SEC might make a complete U-turn on this increasingly politicized issue, so now everyone is rushing ahead (just like us; others think they'll be rejected). But we're setting our cap at 75% again until we see more information such as submission updates."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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