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$ETH ETF & The Biggest Daily ETH Price Move in History: What Is Happening?

$ETH ETF & The Biggest Daily ETH Price Move in History: What Is Happening?

FromMilk Road Radio


$ETH ETF & The Biggest Daily ETH Price Move in History: What Is Happening?

FromMilk Road Radio

ratings:
Length:
24 minutes
Released:
May 22, 2024
Format:
Podcast episode

Description

Ethereum (ETH) surged nearly 20% on Monday, marking the biggest daily price increase in ETH history. What's behind this massive move? It all ties back to the SEC's unexpected shift on the ETH ETF approval.

Before Monday, the likelihood of the ETH ETF approval was just 25%, with a decision expected by May 23rd. But in a surprising turn of events, the SEC's stance has flipped, and now there's a 75% chance of approval – many even consider it inevitable.

In today's episode, we delve into the details:

1️⃣ Is this ETF getting approved?
2️⃣ Why the sudden change in the SEC's view?
3️⃣ What does this mean for the crypto industry?
4️⃣ What should we expect moving forward?


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⏱ TIME POINTS ⏱

00:00 - Intro
02:12 - What just happened with ETH?
04:30 - Trump & Biden effect on ETH ETF
06:10 - FDIC Chair resigns
07:07 - Market reaction
09:03 - What we know so far
11:30 - Why is this such a big deal for the Crypto world
14:45 - ETH Yield
17:04 - What happens next
Released:
May 22, 2024
Format:
Podcast episode

Titles in the series (100)

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