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JPMorgan Chase: US SEC will eventually approve Ethereum spot ETF

I originally thought that the SEC would definitely approve Ethereum ETF, because they have seen the impact and promotion of Bitcoin spot ETF on the price of the currency. And 9 asset institutions (including BlackRock, Grayscale, Fidelity, etc.) have applied for Ethereum spot ETF at the same time. The most important thing is that Ethereum futures ETF has been approved.

Therefore, I am more looking forward to the approval of Ethereum spot ETF in May. There is no reason for the SEC not to approve the spot ETF. Even if it is not approved, it must give a result.

So the worst plan, the operation idea. Before the Ethereum exchange rate rises, everyone should try not to touch Ethereum.

Regarding Ethereum, more and more people are bearish. I am actually quite uncomfortable because I was the first to enter the market for the auntie sector. I even arranged several, such as ETH, OP, SSV, LDO, and it is impossible not to be entangled. Because Sol is really crazy, not only outperforming Auntie, but also outperforming PIX.

But. How to say it. I also think that it is precisely because Ethereum is not strong enough now that the bull market is far from over. What is coming will come sooner or later. I think this is also the law of every bull market.

In the bull market, keep a normal mind. Waiting for Auntie sector to take off.