Ethereum (ETH) ETF Unlikely to Gain Approval, Despite Altcoin Bull Market, Says Crypto Analyst
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- Top crypto analyst Michaël van de Poppe warns Ethereum traders that an ETH exchange-traded fund (ETF) approval from the U.S. Securities and Exchanges Commission (SEC) may not happen soon.
- Despite the current turbulence of the crypto markets, Van de Poppe sees this as an opportunity for crypto investors.
- He also shares his preference for trading newer altcoins over the “old” ones, citing better potential returns.
Michaël van de Poppe, a renowned crypto analyst, provides insights on the potential delay in Ethereum ETF approval and the current opportunities in the crypto market.
Ethereum ETF Approval Delayed
Michaël van de Poppe, a widely followed crypto analyst, has cautioned Ethereum traders that an ETH exchange-traded fund (ETF) approval from the U.S. Securities and Exchanges Commission (SEC) is unlikely to happen soon. He tells his 715,800 followers on Twitter that traders may have to wait a little longer for an ETH ETF. He believes that the markets are undervaluing a potenti... Read the full article for FREE at COINOTAG!
