Bitcoin (BTC) and ether (ETH) were little changed, suggesting a consolidation after last week’s rally. BTC traded at around $67,000 while ETH held steady about $3,100. The wider digital asset market as measured by the CoinDesk 20 Index (CD20) has added 0.3% in the last 24 hours. This week, attention will turn to the SEC’s decision on the approval of ether exchange-traded funds (ETFs), with the deadline for a response to VanEck’s and Ark/21 Shares’ applications due on May 23 and May 24, respectively. Traders may be keeping their powder dry until then.
