Ether price may dip after ETF 'novelty' wears off due to surging supply – Cointelegraph
If Ethereum supply continues to grow at its current pace, the initial excitement around a spot Ethereum exchange-traded fund (ETF) may fade and Ethereum prices may fall, according to analysts. “If ETH supply continues to grow by about 60,000 per month as it has since April, supply will return to merger levels by December,” crypto […]
Ether ETF opens the floodgates for Solana ETFs and crypto products: Analyst – Cointelegraph
The launch of the first spot Ethereum exchange-traded fund (ETF) opens the door for more cryptocurrency exchange-traded funds, including Solana-based ETFs. The upcoming launch of the first spot Ether (ETH) ETF could pave the way for more cryptocurrency ETFs, according to Bloomberg senior ETF analyst Eric Balchunas. Analysts expect to see more products based on […]
Ether ETFs on the move, Messi promotes memecoin, and more: Hodler’s Digest, July 7-13 – Cointelegraph
This week’s top stories VanEck and 21Shares File Amended Ether ETF Application with SEC Asset management firms VanEck and 21Shares amended their S-1 filings with the U.S. Securities and Exchange Commission for an Ethereum exchange-traded fund (ETF) on July 8. Although neither amended filing provided a specific launch date, experts have suggested that the Ethereum […]
US regulators could approve spot ether ETFs for launch by July 4, sources say By Reuters – Investing.com
By Suzanne McGee and Hannah Lang (Reuters) – The U.S. Securities and Exchange Commission could approve an exchange-traded fund (ETF) tracking the spot price of ethereum as early as July 4, as talks between asset managers and regulators enter the final stages, industry executives and other sources told Reuters. Eight asset managers, including BlackRock Inc. […]
Timing for US ether ETF launches depends on how fast issuers can move, SEC chair says
Faryar Shirzad, Chief Policy Officer at Coinbase, talks about the impact of custody on “The Claman Countdown.” When an exchange-traded fund (ETF) tracking the cryptocurrency Ethereum could begin trading will depend largely on how quickly its issuer responds to questions from the U.S. Securities and Exchange Commission, Chairman Gary Gensler said on Wednesday. Last month, […]
Fidelity's spot ether ETF appears on DTCC under ticker FETH – The Block
Fidelity Investments’ US Spot Ethereum exchange-traded fund has been added to the American Depository Clearing Corporation’s list of ETFs. The fund, named Fidelity Ethereum FD Beneficial INT, list under the ticker FETH. Although DTCC has designated the ETF as a domestic fund, in the creation/redemption column FETH is marked with an “N,” which seems to […]
Ether ETF gets surprise approval from regulators in boost for crypto
The U.S. Securities and Exchange Commission on Thursday approved applications from Nasdaq, CBOE and the New York Stock Exchange to list exchange-traded funds (ETFs) linked to the price of Ethereum, potentially paving the way for these products to begin trading later this year. ETF issuers also need to get approval before they can launch their […]
SEC asks exchanges to fine-tune ether ETF filings in positive sign for approval, say sources
Ali McCartney, Managing Director of UBS Private Wealth Management, discusses how geopolitical tensions are impacting the market on how money is made. U.S. securities regulators on Monday asked Nasdaq, CBOE and NYSE to fine-tune their applications to list Spot Ether exchange-traded funds (ETFs), raising the possibility that the agency may be prepared to approve the […]
Bitcoin Surges Over $71K as Ether ETF Hopes Lead to $260M in Short Liquidations – CoinDesk
Bitcoin (Bitcoin) Ether soared more than 19%, rising to $3,700 and trading at 7.7% early Tuesday, after Bloomberg analysts raised the probability that the Spot ETH exchange-traded fund (ETF) will be approved in the US to 75%. It exceeded $1,000, the highest price since early April. Other major stocks posted relatively small gains, with XRP, […]
Ether Jumps 10% to $3.4K After Bloomberg Ups Odds of Spot ETF Approval – CoinDesk
Ethereum price has already risen slightly during US trading hours on Monday (Ethereum) The stock rose more than 10% after two Bloomberg ETF analysts significantly raised the likelihood that the U.S. Securities and Exchange Commission would approve the Spot ETH ETF. “James Seifert and I are increasing the probability of approval for the Spot Ether […]