Join the private Bitcoin forum:https://www.bitcoinuniversity.com/bitcoin-forumIn this video, I discuss the increased probability of the SEC approving an ETH spot ETF in the next few days.It appears that the Biden Administration is attempting to do damage control, by pressuring the SEC to reverse its course.An ETH ETF without staking would not have a yield, but it would also not be as subject to centralization and capture as an ETH ETF that could actively build blocks and even censor transactions that the US government didn't like.Bitcoin remains the apex predator of all assets. Expect all crypto, bonds, stocks, real estate, gold, etc to continue to lose value against BTC, which remains a unique and unreplicable asset.Not investment advice! Consult a financial advisor.Biden Administration quite hostile to BTC and crypto:https://www.wsj.com/articles/biden-administration-embarking-on-aggressive-tack-for-cryptocurrency-white-house-official-says-11634077058Other candidates turning pro-Bitcoin and pro-crypto:https://www.coindesk.com/policy/2024/05/07/robert-f-kennedy-jr-a-pro-crypto-presidential-candidiate-to-appear-at-consensus-2024/https://www.politico.com/news/2024/05/10/trump-crypto-biden-00157051Biden losing in the prediction markets:https://polymarket.com/event/presidential-election-winner-2024?tid=1716294939973Biden Administration allies begin to break ranks:https://www.nobsbitcoin.com/us-senate-votes-to-kill-sec-bitcoin-accounting-rule/https://www.politico.com/live-updates/2024/05/16/congress/dems-buck-biden-on-crypto-00158412US SEC is asking for amended 19b-4 filings for spot Ethereum ETFs:https://www.theblock.co/post/295524/us-sec-is-asking-for-amended-19b-4-filings-for-spot-ethereum-etfs-reportsBiden Administration appears to want an ETH ETF in order to do political damage control:https://www.theblock.co/post/295474/ethereum-etfs-odds-of-approval-improve-as-it-appears-biden-admin-perhaps-wants-to-appear-more-crypto-friendly-bloomberg-etf-analystOdds of an ETH ETF approval:https://x.com/EricBalchunas/status/1792636523050906102https://polymarket.com/event/ethereum-etf-approved-by-may-31/ethereum-etf-approved-by-may-31?tid=1716295129102Fidelity drops staking:https://www.coindesk.com/business/2024/05/21/fidelity-drops-staking-plans-in-updated-ether-etf-filing/Here's why ETH is a security:https://www.youtube.com/watch?v=u4ucAajq4Uk&ab_channel=BitcoinUniversityAn ETH spot ETF approval would be a big surprise even to political insiders:https://x.com/jchervinsky/status/1792645992463978533 I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals. #ethereum #Bitcoin #crypto Disclaimer Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky....https://www.youtube.com/watch?v=Jajwg-9dUY4