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Ethereum ETFs Debut On U.S. Exchanges: A New Era For Digital Assets
Friday, July 26, 2024 - 3:24pm | 761Nine spot Ethereum ETFs started trading on U.S. exchanges Tuesday, marking another milestone in the digital assets market. These ETFs, now available on Cboe, NYSE Arca, and Nasdaq, were introduced by major financial firms, including BlackRock, Fidelity, and Grayscale. The new Ethereum ETFs saw...
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Ethereum ETFs: A New Dawn For Digital Assets
Friday, May 24, 2024 - 3:56pm | 505As digital assets gain more traction in the financial world, recent regulatory changes and increased interest from institutional investors are setting the stage for significant shifts in the market. One of the most impactful developments is the U.S. Securities and Exchange Commission‘s (SEC...
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Bitcoin ETF Issuers Doubtful If SEC Will Approve Ether ETF: 'Pins Are Dropping As Far As Ethereum Is Concerned'
Tuesday, April 9, 2024 - 9:14am | 725Amid the evolving landscape of cryptocurrency investment vehicles, issuers of Bitcoin (CRYPTO: BTC) ETFs have cast doubt on the U.S. Securities and Exchange Commission’s (SEC) readiness to greenlight an Ethereum-based ETF (CRYPTO: ETH). What Happened: Issuers of Bitcoin ETFs expressed doubts...
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Ethereum ETF Approval Odds Slashed To 35% By Bloomberg Analyst Eric Balchunas Amid Looming May Deadline
Tuesday, March 12, 2024 - 1:09am | 658Bloomberg ETF analyst Eric Balchunas lowered the probability of an Ethereum (CRYPTO: ETH) ETF getting the green light by the upcoming May deadline. What Happened: Balchunas said, “Yeah our odds of ETH ETF approval by May deadline are down to 35%. I get all the reasons they SHOULD approve it (...
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Is Market Ready For Ethereum ETF? Approval Uncertainty Keeps Traders Bullish On Bitcoin, Says Report
Friday, February 2, 2024 - 7:40am | 639Despite predictions of a potential surge in Ethereum (CRYPTO: ETH) value, traders still favor Bitcoin (BTC) over ETH. This trend is influenced by the uncertainty surrounding the U.S. Securities and Exchange Commission (SEC) approval of ETH-based exchange-traded funds (ETFs). What Happened: A report...
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Move Over Bitcoin ETF — This Congressman Has Been Buying Ethereum
Thursday, January 11, 2024 - 1:55pm | 719The cryptocurrency sector got a boost Wednesday with the landmark decision by the Securities and Exchange Commission (SEC) to approve multiple applications for spot Bitcoin ETFs. While the approval could help boost the price and valuation of leading cryptocurrency Bitcoin (CRYPTO: BTC), a member of...