Bitcoin, Ether Still Ahead Of VanEck’s ETH ETF Approval

Bitcoin, Ether Still Ahead Of VanEck’s ETH ETF Approval

The post Bitcoin, Ether Still Ahead Of VanEck’s ETH ETF Approval appeared first on Coinpedia Fintech News

Bitcoin and Ethereum are in a balanced state after their recent gains, ahead of the looming VanEck’s ETH ETF approval. Bitcoin traded around $69,500 while ETH is trading at $3,800, while analysts suggest that a bullish outlook prevails.  Markus Thielin, the founder of 10x Research, noted that the Grayscale Ethereum’s Trust discount, which is now at 2%, implied at least a 90% probability of ETF approval. Notably, NVIDIA has defeated analysts estimates to report a record revenue of $26.04 billion for Q1.