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 …
Nasdaq Revises World’s Largest Asset Manager Blackrock’s Spot Ether ETF Proposal
On Wednesday, Nasdaq, the second-largest American stock exchange based in New York City, revised its 19b-4 filing for Blackrock’s spot ethereum exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). Nasdaq Amends Blackrock’s Ether ETF 19b-4 Filing Following several amended 19b-4 filings by Cboe on Tuesday, Nasdaq has refiled Blackrock’s 19b-4 submission. Blackrock, […]
PEPE Soars to All-Time High Spurred by Speculation of Spot Ether ETF Approval
The Ethereum-based memecoin Pepe (PEPE) experienced a significant price surge of 40% since Monday to a new all-time high, fueled by the speculation that the U.S. SEC might approve spot ether exchange-traded funds (ETFs). Crypto traders and analysts, observing the movement between ether’s price rise and PEPE’s surge, speculate further growth for PEPE, reflecting the […]
Standard Chartered Now Expects SEC to Approve Spot Ethereum ETFs This Week
Standard Chartered Bank has revised its forecast and now expects the U.S. Securities and Exchange Commission (SEC) to approve spot ethereum exchange-traded funds (ETFs) this week, with the bank’s head of digital asset research expressing 80% to 90% confidence. He estimates potential inflows of $ 15 billion to $ 45 billion into ether …