We have entered the week before the U.S. Securities and Exchange Commission (SEC) must decide on VanEck’s Ethereum spot ETF application, with a decision due next Thursday, May 23. It is expected that the outcome for this application will set a precedent for all the other Ethereum ETF applications.

This issue of Crypto Crisp focuses extensively on the Ethereum spot ETF. We delve into the current knowledge surrounding this crucial upcoming decision, which will have far-reaching effects not only on Ethereum but on the entire market as well. For months, we have posited that the introduction of an Ethereum spot ETF will turn into a resounding success, akin to the recently launched U.S.-based Bitcoin spot ETFs. We are excited to introduce a new segment in Crypto Crisp titled ‘An ETF a Day Keeps the Doctor Away’. This feature will make a one-time appearance, temporarily replacing ‘Three In a Row’, which will return next week.

An ETF a Day Keeps the Doctor Away

We maintain our forecast that there is a 60% chance the Ethereum ETF will launch this year, with 30% likelihood of approval next week, as recently discussed in Crypto Moves #23.