ETH Spike, Insiders ready for Approval??

Seems the insiders are at it once again. Surprises me to see the ETH ETF seemingly on track for approval, but it is a net positive for the industry and other coins that use similar economics.

Update: u/JSeyff and I are increasing our odds of spot Ether ETF approval to 75% (up from 25%), hearing chatter this afternoon that SEC could be doing a 180 on this (increasingly political issue), so now everyone scrambling (like us everyone else assumed they'd be denied). See Nate's tweet below for probably order of events (but again we capping at 75% until we see more, eg filing updates)

https://x.com/EricBalchunas/status/1792636523050906102