# Surprise Ethereum ETF Approval?

*Author: Bankless*
*Published: May 20, 2024*
*Source: https://www.bankless.com/fr/eth-etf-approval-surprise*

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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=launch-a-memecoin-on-base-with-basecamp&email=true)

  

Surprise Ethereum ETF Approval?
    
  

  
  Published on May 20, 2024

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  View in Browser

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

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[**Sponsor: Kraken**](https://www.bankless.com/sponsor/kraken-1682978636?ref=launch-a-memecoin-on-base-with-basecamp&email=true) — *Sign up for an account and see what crypto can be. *

[Sign up for Kraken](https://www.bankless.com/sponsor/kraken-1682978636?ref=launch-a-memecoin-on-base-with-basecamp&email=true)

.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
Surprise ETF Approval?
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/05/Group-15--29-.png)](https://www.bankless.com/dashboard)- 🎉 **Ethereum ETF Approval Incoming?** After months of bearishness, is an eleventh-hour reversal coming from the SEC?
[*Read more on Bankless.*](https://www.bankless.com/ethereum-etf-approval-incoming)
- 👋** Michael Sonnenshein Out as Grayscale CEO.** The crypto ETF giant is getting a new leader.
[*Read more on Bankless.*](https://www.bankless.com/grayscale-ceo-steps-down)
- **🧑‍⚖️ Genesis $2B Settlement Approved by Judge.** It's the largest settlement against a crypto company in New York's history.
[*Read more on Bankless.*](https://www.bankless.com/genesis-settlement-approved)

.  .  .

 
  
    

    TODAY IN MARKETS

  
  
    
Don't Buy That Hot New Token
  
  
   
     
     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---2024-05-20T172444.751.png)](https://www.bankless.com/dont-buy-that-hot-new-token)**📊 Don’t Ape That.** Prolific pseudonymous crypto trader “Cobie” has been largely absent from industry discourse in recent months but returned yesterday, publishing a lengthy screed to his blog discussing the issues and misconceptions surrounding new token launches. *Why does Cobie think new tokens are going down-only from here?*

[Read More Analysis on Bankless.com](https://www.bankless.com/dont-buy-that-hot-new-token)

Prices as of 6pm ET
24hr
7d

 

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

  **Crypto**
   
          $2.56T
       

  
    
    ↗ 6.0%
    
  

   
    
    ↗ 11.3%
    
  

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

  **BTC**
   
          $69,612
       

  
    
    ↗ 5.0%
    
  

   
    
    ↗ 10.7%
    
  

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

  **ETH**
   
          $3,630
       

  
    
    ↗ 18.3%
    
  

   
    
    ↗ 23.1%
    
  

  

.  .  .

 
  
    

    TACTIC

  
  
    
   
DIY Memecoins on Base

  
  
   
     
     Bankless Author: 
     
      [
       
       William M. Peaster](https://x.com/WPeaster)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/05/image---2024-05-20T172514.934.png)](https://www.bankless.com/launch-a-memecoin-on-base-with-basecamp)It’s memecoin season, and we’ve seen a rise in “memecoin launcher” projects. The idea? **These do-it-yourself platforms make it easy to create and deploy your *own* memecoins.**

I’ve covered a couple of these projects so far, like [Pump.fun](https://www.bankless.com/pump-fun-hit-for-2m-in-flash-loan-exploit) and [Party](https://www.bankless.com/party-unruggable-memecoin), and more are launching every week. A new one that caught my eye this month is [**Basecamp**](https://basecamp.wtf/). It's a 1-click memecoin deployer with *no launch costs* except the ETH you need for gas. 

*Read more *👇

[Get the Full Walkthrough](https://www.bankless.com/launch-a-memecoin-on-base-with-basecamp)
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