The head legal officer at Grayscale, Craig Salm, is confident that the SEC will approve Ethereum ETFs soon. He believes that the regulatory obstacles have been mostly overcome, making it just a matter of time before one of the best altcoins gains approval. Despite doubts from industry analysts, Salm remains positive about the outcome. However, some in the industry are concerned about the lack of communication from the SEC on this issue.

Many experts suggest there is only a 25% chance of approval, especially after the SEC's investigation into the Ethereum Foundation. Various figures in the crypto world have criticized the SEC for this move, stating that there is no valid reason for rejecting Ethereum ETF applications. With the decision on VanEck's ETF application due by May 23, there is anticipation within the industry for cryptocurrencies to become part of the mainstream financial market soon.

On another note, Borroe Finance's presale is proving to be profitable, with early investors seeing returns exceeding 100%. Over $3.5 million has been raised through the sale of 272 million $ROE tokens in the presale. The token's value is expected to rise from $0.02 to $0.025 at launch, offering over 25% profit for new investors and up to 150% for early backers.

Built on the Polygon blockchain, Borroe Finance ensures low transaction fees and fast transfers. The governance tokens, $ROE, come with benefits such as voting rights and reduced platform fees. Addressing liquidity issues faced by Web3 businesses, Borroe Finance offers immediate cash funds by allowing them to mint and sell NFTs of their future earnings.

Experts recommend holding $ROE tokens as Borroe Finance prepares to revolutionize the DeFi sector. The token has the potential to bring significant returns to investors post-presale, making it an attractive blockchain ICO to consider.