$ETH ETF & The Biggest Daily ETH Price Move in History: What Is Happening?

Ethereum (ETH) surged nearly 20% on Monday, marking the biggest daily price increase in ETH history. What's behind this massive move? It all ties back to the SEC's unexpected shift on the ETH ETF approval. Before Monday, the likelihood of the ETH ETF approval was just 25%, with a decision expected by May 23rd. But in a surprising turn of events, the SEC's stance has flipped, and now there's a 75% chance of approval – many even consider it inevitable. In today's episode, we delve into the details: 1️⃣ Is this ETF getting approved? 2️⃣ Why the sudden change in the SEC's view? 3️⃣ What does this mean for the crypto industry? 4️⃣ What should we expect moving forward? 🤝 HELP US GROW 🤝 Subscribe to our YouTube channel 🥛 Get smarter about crypto in 5 minutes with our daily, free newsletter: ⁠⁠⁠⁠⁠ ⁠⁠https://link.milkroad.com/pod-newsletter⁠⁠ 💰 Go PRO and become a better investor with the #1 crypto research and analysis: ⁠⁠https://link.milkroad.com/pod-pro⁠⁠ ✊ Follow Milk Road on Social Media: 👉 Milk Road Twitter: ⁠⁠https://link.milkroad.com/pod-x⁠⁠ 👉 Milk Road Instagram: ⁠⁠https://link.milkroad.com/pod-ig⁠⁠ 👉 Kyle's Twitter: ⁠⁠⁠⁠⁠⁠⁠⁠https://link.milkroad.com/pod-x-kyle⁠⁠ 👉 Jay's Twitter: ⁠⁠https://link.milkroad.com/pod-x-jay⁠⁠ 👉 Spotify: ⁠⁠⁠⁠⁠⁠⁠⁠https://link.milkroad.com/pod-spotify⁠⁠ 👉 Apple Podcasts: ⁠⁠https://link.milkroad.com/pod-apple-podcast⁠⁠ ⏱ TIME POINTS ⏱ 00:00 - Intro 02:12 - What just happened with ETH? 04:30 - Trump & Biden effect on ETH ETF 06:10 - FDIC Chair resigns 07:07 - Market reaction 09:03 - What we know so far 11:30 - Why is this such a big deal for the Crypto world 14:45 - ETH Yield 17:04 - What happens next