Exciting events from #CoinDesk! Bitcoin (BTC) and ether (ETH) are holding steady ahead of the SEC's decision on VanEck's ETH ETF spot application. BTC is down slightly at $69,600, while ETH is up 2.75% at $3,800. The broader digital asset market is down just over 0.5%, but the outlook for BTC and ETH remains bullish. 🚀
Major players such as BlackRock, Grayscale and Bitwise have revised their proposed spot ether ETFs, removing staking provisions that could potentially cause regulatory hiccups. All eyes are on today's expected decision by the SEC. 🧐
Additionally, Nvidia shares hit a record high after reporting record revenue of $26.04 billion in Q1. This could be a positive sign for cryptocurrencies, including related tokens. related to AI, as historically, capital inflows into the cryptocurrency market have been linked to increases in NVDA and the Nasdaq index. 📈
What do you think the SEC's decision will be? Will it get the green light for an ETH ETF? Let's discuss in the comments!#CryptoNews#Blockchain#Bitcoin#Ether