Global investment bank JPMorgan has expressed doubt that the U.S. Securities and Exchange Commission (SEC) will approve solana ETFs or any other spot crypto ETFs beyond bitcoin and ether. The decision by the SEC to approve ether ETFs “is already stretched given the ambiguity about whether ethereum should be classified as security or not,” said […]
SEC Approves Spot Ether ETFs, Jim Rickards Predicts $27K Gold Price, and More — Week in Review
The U.S. Securities and Exchange Commission (SEC) has approved significant regulatory filings for spot ether ETFs. Economist Jim Rickards predicts that gold prices could surpass $ 27,000 based on rigorous analysis. Satoshi Nakamoto’s Genesis wallet now holds over 100 BTC after an accidental transfer added 0.10754671 BTC, bringing its total value to approximately $ …
Standard Chartered Discusses SEC Approving Spot ETFs for Cryptos Beyond Bitcoin and Ether
Standard Chartered says markets will look ahead to exchange-traded funds (ETFs) of cryptocurrencies other than bitcoin and ether, but “this is likely a 2025 story.” They believe that the SEC approving spot ethereum ETFs suggests that the securities watchdog does not view ether as a security and that other coins similar to ether will also […]
US Spot Bitcoin ETFs Mark Ninth Day of Inflows, Led by Blackrock’s $89M Gain
U.S. spot bitcoin exchange-traded funds noted their ninth consecutive day of positive inflows, amassing $ 107.9 million on Thursday. Blackrock’s IBIT led the way, securing $ 89 million, while Grayscale’s bitcoin trust (GBTC) experienced $ 14 million in outflows. Gap Between IBIT and GBTC Reserves Tighten Spot bitcoin ETFs had a consistent …
Ethereum’s Subdued Market Performance Follows US Approval of Spot ETFs
Following the approval of several spot ethereum exchange-traded funds (ETFs) in the U.S., ether’s price has been rather subdued, ranging between $ 3,640 to $ 3,740 over the last 12 hours. There’s wasn’t really any substantial upticks other than when the rumors of the approval fueled the previous rise. Market observers are questioning …