In a significant development for the Bitcoin (BTC) market, Hong Kong is poised to witness the commencement of trading for several spot Bitcoin ETFs on April 30th. This milestone follows the successful approval and subsequent trading of Bitcoin ETFs in the United States earlier this year under the regulatory purview of the Securities and Exchange […]
The discussion surrounding approving a spot Ethereum exchange-traded fund (ETF) by the US Securities and Exchange Commission (SEC) is intensifying as the decision announcement date rapidly approaches. Bloomberg’s Senior ETF Analyst, Eric Balchunas, has shared a rather cautious outlook, estimating the likelihood of an ETH spot ETF receiving the green light at a mere 25%. […]
The United States Securities and Exchange Commission (SEC) has announced an extension – yet again – of the deadline for asset management firm Grayscale’s Ethereum Futures Trust exchange-traded fund (ETF). Initially published for comment in the Federal Register on October 3, 2023, the SEC claims to be extending the deadline to have “sufficient time to […]
Experts are currently arguing about the likelihood of the US Securities and Exchange Commission (SEC) approving a spot Ethereum ETF. Among others, Samson Mow, known as the “Bitcoin Maximalist” and founder of Jan3, a company focused on accelerating the nation-state adoption of BTC, voiced strong doubts and criticism. Mow’s Critique: Dissecting The Ethereum ETF Dilemma […]
The anticipation surrounding the approval of Ethereum ETFs has grown in the wake of the successful launch of Bitcoin (BTC) spot ETFs. The potential approval of ETH ETFs holds the promise of boosting the cryptocurrency’s price to new heights and attracting a broader range of investors. However, according to Fox Journalist Eleanor Terret, optimism regarding […]
Coinbase, one of the leading cryptocurrency exchanges, has formally responded to the Securities and Exchange Commission (SEC) regarding the proposal for a spot Ethereum Exchange-Traded Fund (ETF). Paul Grewal, Coinbase’s Chief Legal Officer, announced through social media platform X that the company submitted a comprehensive 27-page response, complete with 96 citations, to advocate for the […]
The United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce, often called “Crypto Mom” for her positive stance on cryptocurrencies, shared insights concerning Ethereum in a recent interview with Coinage Media. Peirce suggested that the US SEC might not require a lawsuit to guide its decision on approving Ethereum spot ETFs. SEC Commissioner’s Optimistic […]
Ethereum insider Steven Nerayoff has once again hit Ethereum, but this time around, it is over the possibility of an ETH ETF being launched. After Bitcoin Spot ETFs gained approval from the United States Securities and Exchange Commission (SEC) on January 10, crypto enthusiasts are beginning to look to ETH as the next possible candidate […]
The cryptocurrency market has been experiencing a major surge in interest surrounding Ethereum Spot ETFs and Fidelity Investments has joined the race with its newest filing. American multinational financial service corporation, Fidelity Investments has decided to get actively involved in the ongoing Ethereum ETF mania. The mutual funds company has officially filed for an Ethereum […]
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has witnessed a remarkable surge of 7.4% in the past 24 hours, reaching $2,023 since April 2023. This surge in Ethereum’s value closely mirrors the recent upward movement of Bitcoin (BTC). It coincides with reports indicating that BlackRock, a renowned asset manager overseeing $9 trillion in assets, […]
Ethereum ETFs have become the rave in recent times with a good number of investment firms throwing their hats in the ring. As the bear market lingers, crypto investors continue to look to events that could trigger another price rally. The approval of an Ethereum ETF would no doubt be one of such events, which […]