Binance Chain Tokens Trends With SEC Rejection of BlackRock's Ethereum ETF

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Binance Chain Tokens Trends With SEC Rejection of BlackRock's Ethereum ETF
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May 23rd is the day when the SEC must make the final decision on VanEck's spot Ethereum ETF, which will be the final decision on the matter. The regulators will likely make the same decision on similar applications but with different deadlines, and that includes BlackRock's application as well. The final decision will have a massive impact on crypto prices. If approved, Bitcoin, Ethereum, and other cryptos will likely get a significant boost in value. However, if denied, the crypto markets could enter a downtrend, which could result in a massive selloff and a bearish market for months. Therefore, the stakes are high, and the result will define crypto markets for years to come.

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