# ETH Is Ready

*Author: Bankless*
*Published: May 23, 2024*
*Source: https://www.bankless.com/eth-is-ready*

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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/05/Frame-50565.png)](https://www.bankless.com/sponsor/kraken-1682978636?ref=double-down-eth&email=true)

  

ETH Is Ready
    
  

  
  Published on May 23, 2024

[
  
  View in Browser

](https://bankless.com/read/briefs)
 

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.  .  .

 
  
    
      
      GO BANKLESS
    
    
  
  
    
     Special Discount: Don’t Miss Out!

    
  
 

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.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
L2s Are Shards
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/05/Group-15--21--1.png)](https://www.bankless.com/dashboard)- ✍️ **Vitalik's new post. **The Ethereum creator published an analysis on how L2s and sharding are more similar than many think. 
[*Read more on Bankless.com*](https://www.bankless.com/vitalik-l2s-sharding)
- 🙈 **Gensler still sees securities everywhere.** The SEC Chair made new comments today ahead of the Commission's spot ETH ETF decisions.
[*Read more on Bankless.com*](https://www.bankless.com/gensler-most-tokens-securities)
- 🚫** House blocks CBDC work.** The lower house of U.S. Congress just voted to block the Fed from issuing a CBDC.
[*Read more on Bankless.com*](https://www.bankless.com/house-anti-cbdc-bill)

.  .  .

 
  
    

    TODAY IN MARKETS

  
  
    
Looming ETH ETF Deadline
  
  
   
     
     Bankless Author: 
     
      [
       
       Jack Inabinet](https://twitter.com/JackInabinet)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/05/image---2024-05-23T103647.412-1.png)](https://www.bankless.com/looming-eth-etf-deadline)⌛** The moment of truth.** Ethereum’s first final spot ETF approval deadline is today, but many crypto assets have dipped into the red ahead of this monumental decision. *Was there anything to be gleaned from the early morning price action, and where does ETH go from here?*

[Read More Analysis on Bankless.com](https://www.bankless.com/looming-eth-etf-deadline)

Prices as of 1pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $2.54t
       

  
    
    ↘ 1.6%
    
  

   
    
    ↗ 7.6%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $68,087.04
       

  
    
    ↘ 3.0%
    
  

   
    
    ↗ 4.2%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $3,805.16
       

  
    
    ↗ 1.5%
    
  

   
    
    ↗ 29.1%
    
  

  

.  .  .

 
  
    

ANALYSIS

  
  
    
   
ETH Is Ready for Institutional Adoption

  
  
   
     
     Bankless Author: 
     
      [
       
       Arjun Chand](https://x.com/arjunnchand)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/05/image---2024-05-23T105511.508-1.png)](https://www.bankless.com/eth-ready-institutional-adoption)There’s been a huge shift in sentiment around ETH. It’s like the market is tipping its hand, suggesting that the approval of ETH ETF is a question of "when" rather than "if."

That said, the institutions are preparing to buy our ETH bags. Today’s article breaks down the fundamental reasons why ETH is primed for institutional adoption. 

*Let’s dive in!*👇

[Get the Full Analysis](https://www.bankless.com/eth-ready-institutional-adoption)
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