What’s Next for Ethereum After ETF Approval?
Ethereum is about to face two important catalysts: the announcement of the staking standard and the next hard fork.
JinseFinanceEthereum is about to face two important catalysts: the announcement of the staking standard and the next hard fork.
JinseFinanceETH started to fall right after launch, why did this happen?
JinseFinance3iQ launched a Solana exchange-traded product (ETP) called QSOL on the Toronto Stock Exchange (TSE), the first Solana ETP in North America. It provides transparency into SOL daily price trends and staking yields (estimated at 6-8%), with Coinbase Custody and Tetra Trust as custodians. Canada’s favorable regulatory environment for crypto ETFs stands in stark contrast to the United States, where approval of Solana and XRP ETFs remains uncertain due to ongoing legal challenges.
ZeZhengXRP stands out in CoinShares report, attracting $300k inflows amid $126m outflow trend. Positioning itself among top altcoins, XRP faces challenges amidst shifting market dynamics. Regulatory uncertainties affect prospects for XRP ETF, future outlook remains uncertain.
Xu LinRipple CEO Brad Garlinghouse addresses XRP's legal battles, regulatory uncertainties, and plans for an ETF and stablecoin at Paris Blockchain Week. Advocating for clarity, Ripple aims to expand XRP's utility amid evolving regulations.
Huang BoCoinbase supports Grayscale's Ether ETP, citing Ethereum's commodity status and market robustness, urging SEC approval for regulatory consistency.
Huang BoFidelity and Bitwise have made similar moves, underscoring a growing trend among financial firms aiming to offer spot ETFs.
JinseFinanceWall Street eyes strategic advantage with potential XRP Spot ETF, amidst a maturing cryptocurrency landscape
KikyoPando Asset AG's recent filing for a spot Bitcoin ETF signals a strategic move in the competitive crypto landscape. The timing aligns with heightened anticipation of SEC approval, as Bitcoin experiences a notable rally. Pando's entry, alongside major players, underscores the evolving dynamics of the crypto market, presenting opportunities amid regulatory and economic uncertainties.
BerniceGrayscale Investments is actively pursuing SEC approval for its Grayscale Bitcoin Trust's conversion into a spot bitcoin ETF. Recent discussions with the SEC revolve around NYSE Arca's proposed rule change. Grayscale's persistent efforts, court mandates, and engagements with BNY Mellon showcase its commitment. GBTC outlines plans for listing and ongoing share issuance. The broader industry, including major players like BlackRock and Fidelity, is also navigating the SEC approval process for spot bitcoin ETFs.
Huang Bo