$ETH
**🚀 Ethereum Soars Past $3,750 as SEC's ETF Decision Looms – BlackRock's Staking Plan Revealed! #ETHEFTCountdown**
The Ethereum rally is reaching fever pitch with **$ETH surging 15% this week** to $3,750 as we enter the **critical 72-hour window** before the SEC's first Ethereum ETF decision deadline (VanEck, May 23). BlackRock just amended its filing to include **staking rewards distribution**, a bullish sign that institutional players expect approval.
**🔥 Why This Matters:**
✔ SEC Chair Gensler's team **held unannounced meetings** with issuers this week (mirroring Bitcoin ETF process)
✔ Grayscale's ETHE discount **narrows to 7%** (vs. 60% in 2023)
✔ Ethereum network activity explodes:
- **$52B TVL** across DeFi (highest since 2022)
- L2s process **82% of all transactions**
- **1M+ new ETH wallets** created monthly
💬 **Will ETH/BTC ratio finally flip bullish?** Debate below! 👇 #Ethereum #Altseason