Holding SSV and ETHFI, you can earn at least 5 times more this year!
An important turning point is coming. Understand these two key signals and you can earn at least 5 times more this year
First, the cryptocurrency circle has finally ushered in a major opportunity. Franklin Templeton, a trillion-dollar giant on Wall Street, has listed its Ethereum spot ETF on DTCC, which means that the Ethereum ETF will have a 99% chance of being approved. It's just a matter of time. As I said before, it may be late, but it will not be absent!
In theory, only ETFs pre-approved by the SEC can be listed on the DTCC, and he has already logged in, which is actually very telling. So when will this ETF be approved, and which coins will benefit from it and start to soar? For example, BlackRock's Bitcoin ETF was listed on the DTCC in August last year, and then the ETF was approved 5 months later, that is, in January this year. So this Ethereum ETF is likely to be approved in a few months. Now the earliest resolution date for ETFs is May 23 of Vanda, and the final resolution time of Franklin's own ETF, the protagonist of this incident, is June 11. So you can pay attention to these two time points. It may not be approved on that day, but the market will definitely hype it up, so Ethereum-related tokens will explode.
The legal basis for the previous Bitcoin ETF to pass was that Grayscale won the lawsuit against the SEC, and this time the US Securities and Exchange Commission is handing us a knife again. Last week, he issued a Wells notice to Consensys, the big money behind Ethereum, to prepare for trouble, and Consensys did not show weakness and immediately sued the CSRC, saying that Ethereum is not a security. Once the CSRC loses the case, he will have to approve the Ethereum spot ETF.
This is exactly the same as before the approval of Bitcoin ETF last year, so this lawsuit is what I really care about. If the SEC loses the case, Ethereum will definitely surge 20% on the spot, and then if the ETF is approved, it will continue to rise by another 30-40%. This round of bull market will definitely start at 10,000 U.
Which coins are worth our layout? The biggest hot spot recently is the ETF on May 23, so OP, LDO, SSV and ETHFI will usher in huge popularity, covering Layer 2, staking and re-staking sectors respectively, and their own market value is much smaller than that of Ethereum, so the volatility and potential are greater. Of course, other coins in these tracks can also be used as alternatives, such as STRK and the latest REZ, which are also in these three tracks. Among them, the staking and re-staking sectors are particularly critical, because Fidelity and Ark Fund’s ETF applications plan to use Ethereum staking to obtain additional dividends, so the staking and re-staking tracks will definitely become hot. Don’t rush in immediately after hearing this. You must buy them on dips and buy a little at every pullback. That will make your average price of holding the coins a lot higher, and it is also easy to be trapped, so don’t rush in every time I release them, take your time.