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Spot Ethereum (ETH) ETFs Should Be Fully Approved by the End of the Summer, Says SEC Chair Gary Gensler

Spot Ethereum (ETH) ETFs Should Be Fully Approved by the End of the Summer, Says SEC Chair Gary Gensler

The Chairman of the U.S. Securities and Exchange Commission (SEC) says that Ethereum (ETH)-based exchange-traded products (ETFs) should be approved by the regulatory agency by the end of the summer. Speaking at a recent US Senate hearing, SEC Chair Gary Gensler says that while the SEC partially approved Ethereum ETFs earlier this year, they won’t […]

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Sergey Nazarov Says Ethereum ETF Approval Very Clear Sign That More Altcoins Will Follow

Sergey Nazarov Says Ethereum ETF Approval Very Clear Sign That More Altcoins Will Follow

Chainlink (LINK) co-founder Sergey Nazarov doesn’t think the U.S. Securities and Exchange Commission (SEC) will stop at Ethereum (ETH). Last week, the SEC approved form 19b-4 filings from BlackRock, Fidelity, VanEck, Grayscale, Bitwise, Ark, Franklin Templeton and Invesco Galaxy simultaneously, paving the way for spot Ethereum exchange-traded funds (ETFs) in the US. Nazarov says the approval […]

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Ethereum’s Balance on Exchanges Spikes Amid Possible Sell-the-News Event, According to Crypto Analyst

Ethereum’s Balance on Exchanges Spikes Amid Possible Sell-the-News Event, According to Crypto Analyst

A widely followed crypto analyst says that Ethereum’s (ETH) balance on crypto exchange platforms is spiking amid a possible sell-the-news event. In a new thread, crypto trader Ali Martinez tells his 62,700 followers on the social media platform X that over the last two weeks, hundreds of thousands of ETH have been transferred to wallets […]

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This Crypto Asset Could Be the Spot ETF Candidate After Bitcoin and Ethereum, According to Investor Brian Kelly

This Crypto Asset Could Be the Spot ETF Candidate After Bitcoin and Ethereum, According to Investor Brian Kelly

The founder and CEO of an investment firm specializing in digital currencies is looking down the line for the next crypto exchange-traded fund (ETF). In a new CNBC interview, BKCM LLC head Brian Kelly reacts to speculation that the U.S. Securities and Exchange Commission (SEC) could approve Ethereum (ETH) ETF applications as soon as tomorrow by naming which digital […]

The post This Crypto Asset Could Be the Spot ETF Candidate After Bitcoin and Ethereum, According to Investor Brian Kelly appeared first on The Daily Hodl.

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Crypto Analyst Updates Outlook on Altcoins and the Potential of an Ethereum (ETH) ETF Approval This Month

Crypto Analyst Updates Outlook on Altcoins and the Potential of an Ethereum (ETH) ETF Approval This Month

A widely followed crypto analyst is suggesting that altcoins could be on the rise as hopes for an Ethereum (ETH) exchange-traded fund (ETF) approval this month from the U.S. Securities and Exchanges Commission (SEC) this month dwindle. Crypto trader Michaël van de Poppe tells his 717,300 followers on the social media platform X that altcoins are waking […]

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Grayscale Withdraws Ethereum ETF Proposal Amid Skepticism Over SEC Approval

Grayscale Withdraws Ethereum ETF Proposal Amid Skepticism Over SEC ApprovalGrayscale has retracted its application to list its ethereum trust, known as ETHE, as detailed in a filing with the U.S. Securities and Exchange Commission. James Seyffart, a Bloomberg analyst specializing in exchange-traded funds (ETF), expressed puzzlement over Grayscale’s decision to do so. Grayscale’s Strategic Ethereum Trust Retraction Filing Raises Questions Per a filing with […]

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Polymarket Bets Reflect Low Confidence in Ethereum ETF Approval by SEC

Polymarket Bets Reflect Low Confidence in Ethereum ETF Approval by SECAccording to a wager on the decentralized betting platform Polymarket, the likelihood of a spot ethereum exchange-traded fund (ETF) gaining approval from the U.S. Securities and Exchange Commission currently stands at just 7%. This forecast commenced in January with a 76% probability of approval but has since plummeted by 91% over the last three months. […]

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SEC punts Galaxy spot Ethereum ETF decision to July

The Securities and Exchange Commission has delayed making a decision on Invesco Galaxy’s application for an Ether ETF, with the next deadline on July 5.

The United States Securities and Exchange Commission has delayed its decision on Galaxy Invesco’s application for a spot Ether (ETH) exchange-traded fund (ETF).

In a May 6 filing, the SEC gave itself another 60 days to make a call on the Galaxy’s ETF, with the next deadline set to July 5.

“The Commission finds that it is appropriate to designate a longer period within which to issue an order approving or disapproving the proposed rule change so that it has sufficient time to consider the proposed rule change and the issues raised therein,” the SEC wrote.

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Here’s Why One Crypto Analyst Doesn’t Think an Ethereum ETF Will Get Approval Despite ‘Altcoin Bull Market’

Here’s Why One Crypto Analyst Doesn’t Think an Ethereum ETF Will Get Approval Despite ‘Altcoin Bull Market’

One widely followed crypto analyst is warning Ethereum (ETH) traders that an ETH exchange-traded fund (ETF) approval from the U.S. Securities and Exchanges Commission (SEC) is unlikely to happen soon. Crypto trader Michaël van de Poppe tells his 715,800 followers on the social media platform X that traders may have to wait a little longer for an ETH ETF. […]

The post Here’s Why One Crypto Analyst Doesn’t Think an Ethereum ETF Will Get Approval Despite ‘Altcoin Bull Market’ appeared first on The Daily Hodl.

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Financial Giant Franklin Templeton Lists New Spot Ethereum ETF With DTCC

Financial Giant Franklin Templeton Lists New Spot Ethereum ETF With DTCC

Financial services titan Franklin Templeton has listed its new spot market Ethereum (ETH) exchange-traded fund (ETF) with the Depository Trust and Clearing Corporation (DTCC). In its products offering page, the DTCC has listed Ethereum-based exchange-traded products (ETPs) from key financial giants, including Franklin Templeton’s Ethereum TR Ethereum ETF (EZET). The DTCC, founded in 1999, is […]

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