On May 23, a significant decision regarding an ETF for Ethereum is looming. The consensus among experts is that the Securities and Exchange Commission (SEC) will likely reject the proposed spot Ether ETF in the coming month. This pessimistic sentiment is already reflected in the price, which has dipped below $4,000. Anbessa, a notable entity, emphasized that whether the approval or rejection of an ETH ETF occurs, it will undoubtedly serve as a substantial catalyst.
