🚀 Crypto markets are soaring as Bloomberg analysts raise the approval odds for a U.S.-listed Ether ETF to 75%, sparking a rally in Bitcoin and Ether. Bitcoin surged past $71,000, while Ether jumped over 19% to $3,700. Other major cryptos also saw gains, albeit smaller.

The rally triggered over $260 million in market-wide short liquidations, the largest since Feb.28. Binance logged the highest liquidations among exchanges, followed by OKX and Huobi.

The potential approval of an Ether ETF is seen as a bullish event, likely to attract institutional capital. Meanwhile, traders anticipate Ether prices to rise further.

What's your take on this? Will the Ether ETF get the green light? Share your thoughts below! 💭