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<p>The post <a href="https://coinpedia.org/news/should-you-hold-or-sell-ethereum-expert-insights-ahead-of-the-secs-etf-decision/">Should You Hold or Sell Ethereum? Expert Insights Ahead of the SEC’s ETF Decision</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p><br>As the deadline for the SEC’s decision on spot <a href="https://markets.coinpedia.org/ethereum-etf/">Ethereum ETFs</a> approaches, investors are questioning whether to hold or sell their Ethereum holdings. Experts weigh in on the potential impact of the expected rejection and its implications for the broader cryptocurrency market.</p> 
<h2 class="wp-block-heading" id="h-experts-and-their-insights"><strong>Experts and their Insights</strong></h2> 
<p>Analysts anticipate that the SEC will likely reject spot <a href="https://markets.coinpedia.org/ethereum/">Ethereum</a> ETF applications by the end of May. Bloomberg ETF analyst Eric Balchunas has revised his approval estimate from 70% to 25%, signaling a bearish sentiment.&nbsp;</p> 
<p>Similarly, decentralized prediction markets suggest bleak probabilities of approval, with figures as low as 18%.</p> 
<h2 class="wp-block-heading" id="h-lark-davis-s-perspective"><strong>Lark Davis’s Perspective</strong></h2> 
<p>Renowned crypto investor <a href="https://coinpedia.org/news/ethereum-price-prediction-analyst-lark-davis-predicts-eth-price-will-hit-15k-this-bull-run-heres-why/">Lark Davis</a> believes that the market has already priced in the anticipated rejection. He states, “At this stage, I think the rejection is priced in. No one is expecting an approval right now.”&nbsp;</p> 
<p>Davis emphasizes that while there may be short-term volatility after the announcement, the overall impact on <a href="https://coinpedia.org/price-prediction/market-price-prediction-ethereum-2019/">Ethereum’s price</a> is likely minimal.</p> 
<p>Davis references the efficient-market hypothesis, asserting that current asset prices reflect available information. He notes that an unexpected approval would significantly impact Ethereum’s price more, signaling new demand vectors.</p> 
<h2 class="wp-block-heading" id="h-assessing-the-impact-on-bitcoin-and-the-broader-market"><strong>Assessing the Impact on Bitcoin and the Broader Market</strong></h2> 
<p><a href="https://markets.coinpedia.org/bitcoin/">Bitcoin</a> and Ethereum often move in tandem, with a correlation of about 62% as of April 11. Given their substantial market capitalizations, any significant movement in either cryptocurrency can influence the entire crypto ecosystem.</p> 
<p>While experts anticipate a rejection, they believe it won’t significantly affect Ethereum’s price or the broader market. Davis argues that Ethereum’s performance without an ETF has been robust, citing a 45% year-to-date increase.</p> 
<p>Also Read : <a href="https://coinpedia.org/news/ethereum-price-prediction-analyst-lark-davis-predicts-eth-price-will-hit-15k-this-bull-run-heres-why/">Ethereum Price Prediction : Analyst Lark Davis Predicts ETH Price Will Hit $15K This Bull Run, Here’s Why</a></p> 
<h2 class="wp-block-heading" id="h-long-term-outlook-and-etf-approval"><strong>Long-Term Outlook and ETF Approval</strong></h2> 
<p>Despite the expected rejection, experts foresee eventual approval over the long term. Comparing Ethereum’s utility to Bitcoin’s, analysts highlight Ethereum’s focus on decentralized applications and technological innovation.</p> 
<p>While the approval timeline remains uncertain, analysts believe it won’t occur in May. Nevertheless, they anticipate no significant price decrease in Ethereum post-rejection.</p> 
<p>As the SEC’s decision on spot Ethereum ETFs looms, investors grapple with whether to sell or hold their Ethereum holdings. Expert opinions suggest that while the rejection may cause short-term volatility, Ethereum’s long-term prospects remain bullish, irrespective of the outcome.</p>

Should You Hold or Sell Ethereum? Expert Insights Ahead of the SEC’s ETF Decision

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