FOMO HOUR 124 – ETH ETF Approved!
ETH ETF is approved on Form 19b-4. ETF won’t trade until July or August: Galaxy. ETF refers to many coins that are not securities: Coinbase CLO. Coinbase relists XRP in the US. SOL ETF coming soon: Scaramucci. The US House of Representatives has passed a bill to ban CBDC. Building a pro-crypto army in Congress: Senator Lummis. If the ETH ETF is actually approved, a backlash from Polymarket is expected. Expect ETH ETF to be 10-15% of BTC: Bloomberg. The BTC ETF recorded inflows of $1.75 billion over 9 days. BTC $150,000 in 2024 Base Case: Tom Lee. ETH co-founder moves $37 million ETH to exchange Grayscale launches trust for STX & NEAR. Coinbase lost against the SEC in the DOGE Sweepstakes. ALGO ads hit BTC, SOL, ETH. Phantom is now the No. 2 finance app on Google Play.
