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Approval of Ethereum-ETF Is Just a Matter of Time - Coinbase Analyst 👀 According to the expert, the main rationale used for approving the #Bitcoin-ETF is also applicable to an instrument based on the second-largest cryptocurrency by market capitalization. 🕐 At the same time, Khan doubted the possibility of a swift approval for an Ethereum-ETF with a staking function. On May 10, $ARK Invest and 21Shares removed the coin-locking clause from their application for an #exchange -traded fund based on the second-largest cryptocurrency by market capitalization. ✔️The analyst estimated the likelihood of approval for spot Ethereum-#ETFs. by the end of May at 30-40%. #bitcoin #BTC

Approval of Ethereum-ETF Is Just a Matter of Time - Coinbase Analyst

👀 According to the expert, the main rationale used for approving the #Bitcoin-ETF is also applicable to an instrument based on the second-largest cryptocurrency by market capitalization.

🕐 At the same time, Khan doubted the possibility of a swift approval for an Ethereum-ETF with a staking function. On May 10, $ARK Invest and 21Shares removed the coin-locking clause from their application for an #exchange -traded fund based on the second-largest cryptocurrency by market capitalization.

✔️The analyst estimated the likelihood of approval for spot Ethereum-#ETFs. by the end of May at 30-40%.

#bitcoin #BTC

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As promised, I'm starting my story about successful GameFi investments! 🗣 💎 One of my most lucrative Gamefi investments has been Illuvium (#ILV ), a decentralised open-world RPG game built on the Ethereum blockchain. I entered the project at a very early stage, namely at the time of TokenSale, when the coin was sold only on the Uniswap platform and was considered a regular DEX asset. I was lucky enough to see the huge potential in the project. First of all, I was impressed by the team and the primary funds, which at that time had already announced the start of investments. ➡️I'll give you specific numbers: Initial Investment: $10,000 Token price (during TokenSale): $50 per ILV Bought tokens: 200 ILV After the project was launched and actively promoted, the price of the token began to grow rapidly. I closely followed the development of the project and the market situation, and at a certain point I decided to lock in a profit 💰 The price of the token at the time of sale: $1651 per ILV Number of tokens sold: 200 ILV Sales amount: $330,200 My net profit was $320,200 ($330,200 - $10,000 initial investment) or as much as 33x! 🏆 This was an amazing result that reaffirmed my belief in #GameFi and the importance of getting involved in early stage token sales of promising projects. Participate in #tokensale and initial offers if you want to be among those people who collect all the cream! 🥂In the next posts, I will tell you about my other successful cases. #TopCoinsJune2024 #BTC
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