#🔹There was a fuss in the market - all the fuss started because of the guys from Bloomberg who changed their shoes and are giving a chance for $ETH -ETF approval from 25% to 75%.
📈Ether soars 24% to $3,800? even rocketing to 24th place among the most capitalized assets in the world, overtaking Mastercard. In connection with this, 90% of $ETH holders are now in profit.
🔼 (SEC USA) asked applicants to file a new Form 19b-4 in an “expedited manner.” Which, in fact, was considered a trend towards approval of the application for ETF-Ethereum by Thursday, May 23 and 24.
🏠Staking may be a change in anticipation of Ethereum-ETF approval. It is staking that creates problems since the SEC can define staked sETH as a security.
✅So the brothers from Fidelity and ARK Invest filed updated S-1 applications for the Ethereum spot ETF without mentioning staking.
🐳In addition, if you consider that the day before this pump, some whales bought 110,000 ETH for $341, and all this was not easy.
🍺You don’t have to be an analyst and focused to technicalANALysis to understand that if approved it will be good (or nothing, because they laid out the positive in advance), but in case of cancellation we will see a good dump along with all the alts.
