Analyst: 70% chance of spot Ethereum ETF approval in May
Industry pundits see clear signs of approval for a spot Ethereum ETF in 2024, with some predicting trading could begin as early as the second quarter.
JinseFinanceIndustry pundits see clear signs of approval for a spot Ethereum ETF in 2024, with some predicting trading could begin as early as the second quarter.
JinseFinanceIf the SEC does reject spot ETF applications, expect all applicants to sue the regulator
JinseFinanceSharing insights into his diversified crypto portfolio, primarily consisting of Bitcoin and Ethereum, Hayes emphasizes the poor liquidity of other altcoins and their derivatives. He foresees the market initiating a substantial correction around March 12th if his projections materialize as expected.
Huang BoFidelity and Bitwise have made similar moves, underscoring a growing trend among financial firms aiming to offer spot ETFs.
JinseFinanceThe U.S. Securities and Exchange Commission (SEC) announced that it will not appeal a court ruling that Grayscale sued it for refusing to convert GBTC into a spot ETF.
JinseFinanceApproval of spot Bitcoin ETFs may challenge Bitcoin's original vision, introducing risks of unchecked paper Bitcoin, withdrawal limitations, and potential distortions in the market. As the industry anticipates regulatory decisions, debates persist on the genuine need for ETFs in a space built on principles of decentralization.
SanyaThe SEC appears closer to approving a spot Bitcoin ETF, with BlackRock's proposal adjustment and deepened SEC discussions signaling potential progress.
Huang BoPando Asset AG's recent filing for a spot Bitcoin ETF signals a strategic move in the competitive crypto landscape. The timing aligns with heightened anticipation of SEC approval, as Bitcoin experiences a notable rally. Pando's entry, alongside major players, underscores the evolving dynamics of the crypto market, presenting opportunities amid regulatory and economic uncertainties.
BerniceCrypto hedge fund Grayscale is telling the U.S. SEC that its denial of Bitcoin (BTC) exchange-traded funds (ETFs) is “illogical.”
dailyhodlU.S. Securities and Exchange Commission has approved another Bitcoin futures ETF. Could this mean a spot ETF is on its way?
Cointelegraph