The U.S. Securities and Exchange Commission (SEC) has approved pivotal 19b-4 filings for spot ether ETFs, marking a major regulatory milestone for the cryptocurrency sector. This approval indicates a newfound willingness to engage with ether ETF issuers. SEC Surprises Market With Approval of Key Filings for Spot Ether ETFs In a surprising decision, the SEC […]
SEC Approves First Eight Spot Ether ETFs
The Securities and Exchange Commission (SEC) has approved the first eight proposals for spot ether exchange-traded funds (ETFs). According to a document issued on May 23 that orders grating an accelerated approval for these products, NYSE Arca obtained permission to list the Grayscale Ethereum Trust and the Bitwise Ethereum ETF, Nasdaq can now list the […]
US Lawmakers Pressure SEC to Apply Same Principles for Ethereum as Bitcoin ETFs
Five U.S. representatives have called on the U.S. Securities and Exchange Commission (SEC) and Chair Gary Gensler to ensure a uniform and fair treatment in their review of upcoming ethereum exchange-traded funds (ETFs), similar to their method used for approving spot bitcoin ETFs. SEC Urged to Maintain Consistency Between Ethereum and Bitcoin ETFs Five U.S. […]
QCP Capital Predicts 60% Rally With Imminent US Approval of Spot Ethereum ETFs
Crypto asset trading firm QCP Capital has forecasted a potential 60% increase in the price of ether, projecting it could surge to around $ 6,000 if the U.S. approves spot ethereum exchange-traded funds (ETFs). The prediction coincides with a significant increase in market volatility and intense anticipation leading up to the ETF approval deadline. …
US Spot Bitcoin ETFs See $305M in Inflows; Blackrock’s IBIT Dominates
U.S. spot bitcoin exchange-traded funds (ETFs) saw an influx of $ 305.7 million on Tuesday, marking a seventh consecutive day of positive inflows. According to data, Blackrock’s IBIT led the day, capturing 94.86% of the total inflows for all the ETFs. Tuesday Sees $ 305M in Inflows Into U.S. Spot Bitcoin ETFs Amidst …