[Blockchain News] Hello everyone! Today I have a big news to tell you. On the eve of the approval of the Bitcoin spot ETF, Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), tweeted to remind cryptocurrency investors to consider all potential risks before investing! 🔔

According to 10x Research on social media, there may be more clear information about whether it is about to be approved around 9 am Eastern Time this morning. Do you remember? The SEC also issued a warning signal before the listing of the previous cryptocurrency futures-related ETF. In January 2024, the SEC has made it clear that the Bitcoin ETF will be approved.

And today, the market will wait for a similar "warning". But it seems that approval is just a formality. Because the discount of the Grayscale Ethereum Trust has narrowed from -30% a week ago to only -8%. This 8% discount means that there is at least a 90% probability that the ETF will be approved. The trust manages $11 billion in assets, which is quite large, and may see some investors cash out their gains.

The most critical question is, if approved, when will these ETFs start trading? If you have any opinions, please feel free to speak out in the comment area and discuss together! Remember, investment is risky, so choose carefully!