Ethereum ETF

The SEC has provisionally sanctioned at least three Ethereum (CRYPTO: ETH)-based exchange-traded funds. The trading for which could begin as early as July 23. What Happened: A Reuters report on Monday revealed the latest development, citing industry sources. The approval hinges on the applicants...

Ethereum (CRYPTO: ETH) is back above $3,300, fueled by a wider market rally and hopes of an imminent ETF launch. What Happened: Ethereum is currently trading around $3,360, a 5.5% increase over the past 24 hours. Nate Geraci, an ETF analyst and president of The ETF Store, stated that there’s...

Renowned crypto trader DonAlt is considering stepping away from active trading, citing disillusionment with the current state of the cryptocurrency market. What Happened: In a recent episode of the popular “Casual Friday” podcast, Don revealed his plans to wind down his trading...

Crypto trader and researcher Teng Yan predicts a bullish future for Ethereum (CRYPTO: ETH), forecasting a value of over $5,000 in 2024. What Happened: In a Tuesday post on X, the trader anticipates the launch of spot Ethereum ETFs around July 15, which he believes could trigger a relief rally. Yan...

Nate Geraci, president of The ETF Institute, predicted that Ethereum (CRYPTO: ETH)-based spot exchange-traded funds could launch within the next two weeks.  What Happened: Geraci, who actively tracks developments on cryptocurrency ETFs and shares updates on the same via his official X handle,...

The cryptocurrency market has experienced a significant downturn. What Happened: Bitcoin (CRYPTO: BTC) and other digital assets plummeted as investors shifted focus toward the impending payout to users of the defunct Mt. Gox exchange. As of 6:00 a.m. EST, Bitcoin’s price had fallen nearly 6%...

Bitcoin (CRYPTO: BTC) has experienced a sharp decline in early Asian trading hours, dropping from $62,000 to $59,544, marking an over 4% decrease. What Happened: This downturn coincided with the first net outflow from Bitcoin spot ETFs in nearly a week, according to data by cryptocurrency analytics...

Cryptocurrency exchange Gemini is predicting a bright future for Ethereum (CRYPTO: ETH) with the imminent launch of spot ETFs in the United States. What Happened: Gemini’s new research report suggests a surge of investor interest, estimating net inflows of up to $5 billion within the first...

Renowned crypto analyst DeFi Man shared an optimistic outlook on the cryptocurrency market despite potential hurdles. What Happened: The analyst highlighted several positive indicators, including the recovery of a strong spot premium and negative funding levels due to heavy shorting, mainly from...

According to Bloomberg ETF analyst Eric Balchunas, the highly anticipated spot Ethereum (CRYPTO: ETH) ETF might launch as early as July 2. This prediction follows reported comments from the Securities and Exchange Commission (SEC) staff on the issuers’ S-1 filings. The SEC requested revisions...

Crypto analyst Alex Thorn of Galaxy Research predicts less market impact than expected from upcoming Mt. Gox Bitcoin (CRYPTO: BTC) distributions, while remaining cautiously optimistic about Ethereum (CRYPTO: ETH) ETF inflows. What Happened: In a recent Unchained podcast episode, Galaxy’s Head...

The cryptocurrency market continues to show resilience as Bitcoin (CRYPTO: BTC) spot ETFs recorded a net inflow of $11.7997 million on June 27, despite significant outflows from the Grayscale Bitcoin Trust (OTC:GBTC). What Happened: This data comes as analysts express optimism about the imminent...

The cryptocurrency market is bracing for a potential influx of new investment as Ethereum (CRYPTO: ETH) spot exchange-traded funds (ETFs) near trading launch in the United States. What Happened: A new report by Galaxy Research suggests these new financial products could attract substantial capital...

The Securities and Exchange Commission is reportedly on the verge of greenlighting exchange-traded funds linked to the spot price of Ethereum (CRYPTO: ETH). What Happened: Discussions between asset managers and regulators are nearing their end and the hotly anticipated investment avenues could go...

The long-awaited arrival of spot Ethereum exchange-traded products (ETPs) could trigger a significant inflow of capital, according to Matt Hougan, Chief Investment Officer at Bitwise Asset Management. What Happened: In a blog, Hougan argues that spot Ethereum ETPs are likely to attract $15 billion...