Ethereum

Bitcoin ETF

<div id="youtube2-8ZHGbCGWow0" class="youtube-wrap" data-attrs="{&quot;videoId&quot;:&quot;8ZHGbCGWow0&quot;,&quot;startTime&quot;:null,&quot;endTime&quot;:null}" data-component-name="Youtube2ToDOM">
 <div class="youtube-inner"><iframe src="https://www.youtube-nocookie.com/embed/8ZHGbCGWow0?rel=0&amp;autoplay=0&amp;showinfo=0&amp;enablejsapi=0" frameborder="0" loading="lazy" gesture="media" allow="autoplay; fullscreen" allowautoplay="true" allowfullscreen="true" width="728" height="409"></iframe>
 </div>
</div>
<p>The crypto world is laser-focused on a critical week ahead, with the SEC's decision on an Ethereum ETF application looming. On May 23rd, the SEC will either approve, reject, or delay the VanEck Ethereum ETF proposal. Many analysts expect a delay rather than an outright approval, given the lack of substantive communication between the SEC and ETF sponsors so far.</p>
<p>The stakes are high, as an Ethereum ETF approval could open the floodgates for institutional investment into Ethereum. However, the regulatory picture remains murky, with the SEC and CFTC at odds over whether Ethereum should be classified as a security or commodity. Resolving this debate through new crypto-tailored regulation is seen as key for the industry's future growth.</p>
<p>Beyond the ETF decision, the crypto landscape is being shaped by several regulatory developments this week. The House is expected to vote on the FITBILL, which could provide crucial regulatory clarity around digital assets if passed. The outcome of this vote, along with movement on stablecoin regulation, will influence the SEC's future stance.</p>
<p class="button-wrapper" data-attrs="{&quot;url&quot;:&quot;https://pbn3.substack.com/subscribe?&quot;,&quot;text&quot;:&quot;Subscribe now&quot;,&quot;action&quot;:null,&quot;class&quot;:null}" data-component-name="ButtonCreateButton"><a class="button primary" href="https://pbn3.substack.com/subscribe?" rel="noopener noreferrer nofollow"><span>Subscribe now</span></a></p>
<p>Elsewhere, major shake-ups are underway at Grayscale, with CEO Michael Sonnenshein stepping down as the firm potentially positions itself for an ETF future. And all eyes are on Nvidia's earnings on Wednesday, which could impact broader market sentiment and investors' appetite for crypto exposure.</p>
<p>As Ethereum rallies towards $3,800 ahead of the SEC decision, analysts are divided on whether an ETF delay would severely dent prices or represent a buying opportunity. The fear and greed index sitting at 70 suggests growing market exuberance.</p>
<p>With so many moving regulatory parts colliding this week, the crypto industry is bracing for volatility ahead. All sectors await critical decisions that could cement crypto's mainstream legitimacy or perpetuate its regulatory purgatory.</p>
<div>
 <hr>
</div>
<p><strong>This episode is sponsored by <a href="https://bit.ly/TangemPBN" rel="noopener noreferrer nofollow">Tangem</a></strong></p>
<div class="captioned-image-container">
 <figure><a class="image-link image2" target="_blank" href="https://bit.ly/TangemPBN" data-component-name="Image2ToDOM" rel="noopener noreferrer nofollow">
   <div class="image2-inset"><picture>
     <source type="image/webp" srcset="https://substackcdn.com/image/fetch/w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb5d4706a-19d6-4c90-9176-cae8b1e64262_1440x760.jpeg 424w, https://substackcdn.com/image/fetch/w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb5d4706a-19d6-4c90-9176-cae8b1e64262_1440x760.jpeg 848w, https://substackcdn.com/image/fetch/w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb5d4706a-19d6-4c90-9176-cae8b1e64262_1440x760.jpeg 1272w, https://substackcdn.com/image/fetch/w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb5d4706a-19d6-4c90-9176-cae8b1e64262_1440x760.jpeg 1456w" sizes="100vw">
     <img src="https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb5d4706a-19d6-4c90-9176-cae8b1e64262_1440x760.jpeg" width="1440" height="760" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/b5d4706a-19d6-4c90-9176-cae8b1e64262_1440x760.jpeg&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:760,&quot;width&quot;:1440,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:85628,&quot;alt&quot;:&quot;&quot;,&quot;title&quot;:&quot;&quot;,&quot;type&quot;:&quot;image/jpeg&quot;,&quot;href&quot;:&quot;https://bit.ly/TangemPBN&quot;,&quot;belowTheFold&quot;:true,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:null}" class="sizing-normal" alt="" title="" srcset="https://substackcdn.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb5d4706a-19d6-4c90-9176-cae8b1e64262_1440x760.jpeg 424w, https://substackcdn.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb5d4706a-19d6-4c90-9176-cae8b1e64262_1440x760.jpeg 848w, https://substackcdn.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb5d4706a-19d6-4c90-9176-cae8b1e64262_1440x760.jpeg 1272w, https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb5d4706a-19d6-4c90-9176-cae8b1e64262_1440x760.jpeg 1456w" sizes="100vw" loading="lazy" fetchpriority="high"> 
    </picture>
    <div></div>
   </div></a>
 </figure>
</div>
<blockquote>
 <p><a href="https://bit.ly/TangemPBN" rel="noopener noreferrer nofollow">Tangem</a> is slim as a bank card, secure as a bank vault. Store, buy, earn, transfer and swap thousands of coins and tokens.<br>Use code <strong>PBN</strong> for a discount! <a href="https://bit.ly/TangemPBN" rel="noopener noreferrer nofollow">https://bit.ly/TangemPBN</a></p>
</blockquote>
<div>
 <hr>
</div>
<p>Become a Diamond Circle Member <strong>FREE</strong>! ➜ <a href="https://bit.ly/PBDiamondCircle" rel="noopener noreferrer nofollow">https://bit.ly/PBDiamondCircle</a><br>PBN3 Deals! ➜ <a href="https://www.paulbarronnetwork.com/deals" rel="noopener noreferrer nofollow">https://www.paulbarronnetwork.com/deals</a><br>Subscribe on YouTube ✅ <a href="https://bit.ly/PBNYoutubeSubscribe" rel="noopener noreferrer nofollow">https://bit.ly/PBNYoutubeSubscribe</a><br>X/Twitter 📱 <a href="http://bit.ly/PBNtwitter" rel="noopener noreferrer nofollow">http://bit.ly/PBNtwitter</a><br><br>Looking for the best tax havens for crypto? Free month with iTrust Capital - Use PROMO CODE - PAUL BARRON <a href="https://rebrand.ly/PAULBARRON" rel="noopener noreferrer nofollow">https://rebrand.ly/PAULBARRON</a></p>

Ethereum ETF Denial Countdown | Bitcoin ETF Outlook LIVE

Paul Barron Network

Other articles published on May 21, 2024

Cardano’s development soars: Checking the impact on ADA

Will Ethereum Reach $5000?

Vitalik Buterin stresses AI risks amid OpenAI leadership upheaval

Pepe Price Explodes 40%, What's The Next Big Meme Coin To Buy

LAKE (LAK3) to Showcase Blockchain and RWA Solutions for Global Water Economy at London Blockchai...

BlockDAG’s Dashboard Upgrade Reveals Whale Activity, Aiming for $20 by 2027, Lures Dogecoin (DOGE...

Join our free newsletter for daily crypto updates!