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Bitcoin (BTC) News Today: BTC Slides Amid Strong US Economic Indicators
Ethereum (ETH) gained 1.29% on Thursday (May 23), closing the session at $3,785. Investors reacted to news of the SEC approving the VanEck Ethereum ETF. Bloomberg Intelligence ETF Analyst James Seyffart shared the news, saying, “BOOM!! APPROVED! There it is. The SEC just approved spot Ethereum ETFs. What a turn of events. It’s really happening.” However, the VanEck Ethereum ETF is not ready to launch. The SEC approved the 19b-4 and must accept the S1 docs before VanEck can launch the ETF. Seyffart thinks it could take a couple of weeks or longer for the SEC to approve the S-1. VanEck filed the ETH-spot ETF S1 ... (full story)