SEC has given ‘preliminary approval’ to at least 3 ETH ETF issuers: Report

July 16, 2024 Coin Telegraph

BlackRock, Franklin Templeton, and VanEck have reportedly received preliminary approval from the US securities regulator, sources say.

The United States Securities and Exchange Commission has reportedly given “preliminary approval” to at least three asset managers for their spot Ether exchange-traded funds — adding fuel to speculation that the ETFs will begin trading as early as next Tuesday.

SEC approval is now only contingent on applicants submitting final offering documents to the regulator before the end of this week, “three industry sources” told Reuters in a July 15 report.

Those applicants included BlackRock, Franklin Templeton and VanEck, the sources said.

Bitcoin proxy MicroStrategy debuts on Nasdaq-100

Bloomberg ETF Expert Moves Estimated Ethereum ETF Approval Date Following New SEC Comments

July 1, 2024 The Daily Hodl

Bitcoin

An exchange-traded fund (ETF) expert at Bloomberg is moving his estimated date for the approval of spot market Ethereum (ETH) ETFs following recent comments made by the U.S. Securities and Exchange Commission (SEC). In a new thread on the social media platform X, Bloomberg ETF specialist Eric Balchunas says that spot ETH ETFs likely won’t […]

The post Bloomberg ETF Expert Moves Estimated Ethereum ETF Approval Date Following New SEC Comments appeared first on The Daily Hodl.

Bitcoin proxy MicroStrategy debuts on Nasdaq-100

Analyst Updates Spot Ether ETF Launch Date Prediction Citing Slow SEC Review

June 30, 2024 Bitcoin.com

bitcoin.com

Bloomberg’s senior ETF analyst has updated his prediction regarding the launch of ether exchange-traded funds (ETFs), noting delays due to the U.S. Securities and Exchange Commission (SEC)’s review process during the holiday week. Despite the approval of 19b-4 filings for eight ether ETFs in May, the S-1 registration statements are still pending. SEC Chair Gary […]

Bitcoin proxy MicroStrategy debuts on Nasdaq-100

Bloomberg Analyst Doubles Down on July 2 Spot Ether ETF Launch Date Amidst Surge in S-1 Filings

June 23, 2024 Bitcoin.com

bitcoin.com

Bloomberg’s senior ETF analyst has reaffirmed his prediction of a July 2 launch date for U.S. spot ethereum exchange-traded funds (ETFs) after observing a surge in amended S-1 (registration statement) filings on Friday. U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has indicated that spot ether ETFs will launch this summer, pending the SEC’s […]

Bitcoin proxy MicroStrategy debuts on Nasdaq-100

Bloomberg Expert Forecasts Launch of Ethereum ETF in US for July 2nd

June 16, 2024 The Daily Hodl

crypto

A Bloomberg exchange-traded fund (ETF) expert says that spot market Ethereum (ETH) ETFs can be expected in the US by early July. In a new thread on the social media platform X, senior ETF analyst Eric Balchunas says ETH-based ETFs may be approved by July 2nd after it was found out that the U.S. Securities […]

The post Bloomberg Expert Forecasts Launch of Ethereum ETF in US for July 2nd appeared first on The Daily Hodl.

Bitcoin proxy MicroStrategy debuts on Nasdaq-100

Bloomberg Analyst Now Expects Spot Ethereum ETFs to Launch on July 2

June 15, 2024 Bitcoin.com

bitcoin.com

Bloomberg’s senior ETF analyst has updated his spot ethereum exchange-traded fund (ETF) prediction. “We are moving up our over/under date for the launch of spot ether ETF to July 2nd,” he said. This revision follows light comments from the SEC Staff on issuers’ S-1 filings. The analyst believes there is a decent chance the SEC […]

Bitcoin proxy MicroStrategy debuts on Nasdaq-100

Spot Ethereum ETFs may begin trading by July 2 — Bloomberg Analyst

June 15, 2024 Coin Telegraph

Coin Telegraph

Bloomberg ETF analyst Eric Balchunas says his "best guess as of now" is that spot Ether ETFs will begin trading in the United States before July 2.

Spot Ethereum (ETH) exchange-traded funds (ETF) could potentially begin trading in the United States by July 2, according to Bloomberg ETF analyst Eric Balchunas.

“We are moving up our over/under date for the launch of spot Ether ETF to July 2nd,” Balchunas wrote in a June 15 post on X, noting that the United States Securities and Exchange Commission' (SEC) staff comments on the ETF applicants S-1 applications were “pretty light, nothing major,” and asked for them back within the week.

“Decent chance they work to declare them effective the next week and get it off their plate before the holiday weekend. Anything is possible but this is our best guess as of now,” he added, referring to U.S. Independence Day, which is an annual celebration held on July 4 each

Bitcoin proxy MicroStrategy debuts on Nasdaq-100

Bears rekt: Bitcoin ETFs see runner-up record day with $887M inflows

June 5, 2024 Coin Telegraph

Bears rekt: Bitcoin ETFs see runner-up record day with 7M inflows

Bitcoin ETF Flows

Fidelity’s Bitcoin fund led the pack with $378.7 million in net inflows on the U.S. spot Bitcoin ETFs second-highest joint net inflow day, according to preliminary data.

United States-based spot Bitcoin exchange-traded funds (ETFs) saw their second-best-ever joint net inflow day of $886.6 million, according to preliminary data.

The Fidelity Wise Origin Bitcoin Fund (FBTC) saw the largest inflow at $378.7 million, while BlackRock’s iShares Bitcoin Trust (IBIT) was second with $274.4 million, according to early data from Farside Investors.

The ARK 21Shares Bitcoin ETF (ARKB) was the third-best performer with $138.7 million in net inflows, Farside data shows.

Bitcoin proxy MicroStrategy debuts on Nasdaq-100

Bitcoin ETFs make 26% of BlackRock’s 2024 inflows, 56% of Fidelity’s

June 4, 2024 Coin Telegraph

blackrock

However, the impressive flows from BlackRock’s IBIT and Fidelity’s FBTC haven’t been enough to gain on the leading ETF asset manager by total flows, Vanguard.

BlackRock and Fidelity’s spot Bitcoin exchange-traded funds (ETFs) have accounted for a significant share of the issuers’ total ETF inflows this year.

The Bitcoin ETFs amount to 26% and 56% in year-to-date inflows for BlackRock and Fidelity respectively, according to Bloomberg ETF analyst Eric Balchunas, citing data from Bloomberg Intelligence.

BlackRock’s iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Fund (FBTC) have seen $16.6 billion and $8.9 billion in inflows since they launched nearly five months ago, according to Farside Investor data.

Bitcoin proxy MicroStrategy debuts on Nasdaq-100

Ethereum lacks a ‘simple one-liner’ elevator pitch for boomers — Analysts

May 25, 2024 Coin Telegraph

Adam Cochran

While Bitcoin is often marketed as "digital gold," Ethereum hasn't quite found its simple elevator pitch yet, according to crypto analysts.

Ethereum (ETH) is lacking an “easy-to-understand” sound bite that will attract the baby boomer generation towards spot Ether exchange-traded funds (ETF), according to analysts.

“Ethereum still has no elevator pitch, despite years of attempts,” Glassnode lead analyst James Check aka “CheckMatey" wrote in a May 24 post on X, following the United States Securities and Exchange Commission’s (SEC) approval of eight spot Ether ETFs on May 23.

“Does a simple one-liner like that exist for Ether? If so, what is it?” added Bloomberg ETF analyst Eric Balchunas, while suggesting that a potential obstacle for the success of spot Ether ETFs will lie in how it resonates with those investors in the 60-80 year old age range.

Eric Balchunas

Share this video