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Ethereum ETF Approval Imminent? Here's What It Means for ETH Prices in 2024

Rumors about the Ethereum ETF approval have sent the price of ETH up by almost 20% in just 24 hours. The odds of approval have tripled according to top ETF analysts. But what do the rumors really mean?

By: Jack Dunham • Loading...

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Rumors about the Ethereum ETF approval have sent the price of ETH up by almost 20% in just 24 hours. With only a day left until the SEC's May 23 deadline, the odds of approval have tripled according to top ETF analysts. The news naturally sent shockwaves through the market. ETH is now up 29% on the week and just over 100% up in the past year. But what do the rumors really mean?

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