$ETH
**🚀 Ethereum Breaks $3,900 as SEC's ETF Decision Looms – Approval Odds Spike to 75%! #ETHEFTCountdown**
The Ethereum rally just went nuclear with **$ETH surging past $3,900** (+18% weekly) as Bloomberg analysts suddenly hike spot ETF approval odds to **75%** ahead of the SEC's critical May 23rd deadline. BlackRock's updated filing reveals **staking plans**, while market makers position for a potential seismic shift:
🔥 **Why This Matters:**
✔ **$25B in ETH futures open interest** – highest since 2021 bull run
✔ Grayscale's ETHE discount **collapses to 6%** (was 26% in Jan)
✔ Ethereum L2s hit **all-time high TVL of $47B**
✔ Vitalik's new roadmap upgrade **"The Purge"** slashes node requirements
With staking yields holding at **3.8%** and institutional interest exploding, ETH is finally awakening as the **#1 altcoin heavyweight**.
💬 **Will ETH/BTC ratio flip bullish post-ETF?** Debate below! 👇 #Ethereum #Altseason