$ETH
**๐ Ethereum Surges Past $3,900 as SEC Decision Nears โ ETF Approval Odds Jump to 75%! #ETHEFTCountdown**
The Ethereum rally is accelerating as **$ETH breaks $3,900** (+18% weekly) with **just 48 hours left** until the SEC's critical decision on VanEck's spot ETF application. Bloomberg analysts now peg approval odds at **75%**, citing:
๐ฅ **Key Developments:**
โ **BlackRock updates filing** to include **staking rewards** for ETF holders
โ Grayscale's ETHE discount **collapses to 5%** (vs. 26% in January)
โ **$2.8B in ETH options** expiring Friday โ biggest gamma squeeze setup since 2021
โ Vitalik's new **"The Purge" upgrade** slashes node requirements by 90%
With L2 networks (Arbitrum, Optimism) processing **78% of all ETH transactions** and DeFi TVL reclaiming **$50B**, Ethereum's ecosystem is firing on all cylinders.
๐ฌ **Will ETH hit $4,500 if ETFs get approved?** Drop your price targets! ๐ #Ethereum #Altseason