$ETH

**🚀 Ethereum Breaks $3,800 as SEC Deadline Looms – Is an ETF Approval Coming? #ETHEFTCountdown**

The Ethereum rally just went supernova with **$ETH surging past $3,800** (+22% weekly) as we hit the **critical May 23rd SEC deadline** for VanEck's spot ETF application. BlackRock, Fidelity, and Ark Invest are all on deck with filings – here's why traders are betting big:

🔥 **Key Catalysts:**

✔ **SEC meetings accelerate** with issuers (unlike Bitcoin ETF silence pre-approval)

✔ **$15B+ in ETH futures open interest** signals institutional positioning

✔ Ethereum's **Q1 burn rate hit $1B** (triple Bitcoin's mining revenue)

✔ Vitalik reveals **"The Purge" upgrade** to further slash node requirements

With staking yields holding at **3.8%** and layer-2 activity exploding, ETH is finally awakening from its sideways slumber.

💬 **Will the SEC greenlight ETH ETFs this month?** Vote below! 👇 #Ethereum #BullRun