🚀Crypto Update🚀: Bitcoin (BTC) and Ether (ETH) hold steady as the market awaits the U.S. Securities and Exchange Commission's (SEC) decision on VanEck's Ether ETF application. Analysts suggest a bullish outlook, with a 90% probability of ETF approval indicated by the narrowing Grayscale Ethereum Trust's discount.

Meanwhile, the U.S. House of Representatives passed the Financial Innovation and Technology for the 21st Century Act, defining whether cryptocurrencies are commodities or securities. The bill now awaits approval from the Senate and President Biden.

In other news, Nvidia (NVDA) shares hit a record high after reporting a record revenue of $26.04 billion for Q1, potentially signaling a positive trend for cryptocurrencies, including AI-associated tokens.

What are your predictions for the ETF decision? Let's discuss below! 👇