Ether jumps 20% on renewed optimism for an ETF
Publishing timestamp: 2024-05-21 13:42:31
Summary
The price of ether surged 10% amid optimism that the SEC might approve spot ether ETFs. This sudden change in expectations has investors hopeful for the crypto market. Final decisions on ETF applications are due this week. While ether rose, bitcoin and crypto stocks remained steady. Approval of an Ethereum ETF could bring new life to the crypto market.
Sentiment: MIXED
Tickers: CLSK, BTC.CM=, ETH.CM=, MARA, HOOD, COIN, MSTR, IREN, RIOT,
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Source: https://www.cnbc.com/2024/05/21/crypto-market-today.html