With ETH spot ETFs now more likely than ever, Bits + Bips hosts James Seyffart, Alex Kruger, and Joe McCann delve into the reasons behind this shift, surmising that the reversal may have come from powers above the SEC—perhaps in the Biden administration.The three hosts surmise that ETH will likely reach all-time highs, discuss how this changes their election trading strategy and ponder where there is enough institutional demand for ether ETFs. They also look at whether the potential approval could sway the US elections. Plus, they share insights into stablecoins and how they strengthen the US’s political power globally, dive into the debate on low float/high FDV coins, and also take a peek at what they think could be the potential next crypto spot ETF.Show highlights:Why the chances of an ETH ETF suddenly reversedWhat the "Coinbase premium" is and how Joe uses it for tradingWhy Alex believes that ETH is heading to all-time highsWhether there's institutional demand for spot ether ETFsThe political pressure that led to this changeWhether the ETH ETF will change the course of the US electionsThe broader macroeconomics conditions and how Alex thinks to trade the US electionsHow US dollar-pegged stablecoins promote USD hegemonyThe debate about high FDV, low float coins, and whether there is a solutionWhether new crypto spot ETFs will be approvedHosts:James Seyffart, Research Analyst at Bloomberg IntelligenceAlex Kruger, Founder of AsgardJoe McCann, Founder, CEO, and CIO of AsymmetricLinksEther ETF approval:Unchained: Analysts Up Odds of Spot Ether ETF to 75% as Prometheum Launches Product That Treats ETH as a SecurityCoinDesk: Ether ETFs Filing Process Sees Abrupt Progress, Though Approval Not Guaranteed: SourcesThe Block: Fidelity files amended S-1 registration statement, removing staking rewards from prospective Ethereum ETFUnchained Podcast: Why Spot Ether ETFs Are Now Likely to Be Approved on ThursdayHigh FDV, low float coins:Unchained: Who’s to Blame for the Underperformance of Low Float, High FDV Tokens?Timestamps: ((((((((( Learn more about your ad choices. Visit megaphone.fm/adchoices