Decrypt
2024-05-24 18:43:47

FOMO HOUR 124 - THE ETH ETF IS APPROVED!

ETH ETFs get approved 19b-4 forms. ETFs won’t trade until July or August: Galaxy. ETF means many coins not securities: Coinbase CLO. Coinbase relists XRP in US. SOL ETF coming: Scaramucci. US House passes vote to ban CBDC. Building a pro-crypto army in congress: Sen. Lummis. Polymarket backlash over if ETH ETF truly approved. Expect ETH ETFs to be 10-15% of BTC: Bloomberg. BTC ETFs see $1.75bn inflows over 9 days. BTC to $150k in 2024 is base case: Tom Lee. ETH co-founder moves $37m ETH to exchanges. Grayscale launches trusts for STX & NEAR. Coinbase loses against SEC on DOGE sweepstakes. ALGO ad attacks BTC, SOL, ETH. Phantom now no.2 finance App on Google Play.

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