Is Ethereum spot ETF on the horizon?
Recent meetings between the SEC and issuers have been less than encouraging because agency staff have not discussed implementation details for the financial products, the people said.
JinseFinanceRecent meetings between the SEC and issuers have been less than encouraging because agency staff have not discussed implementation details for the financial products, the people said.
JinseFinanceGolden Weekly is a weekly blockchain industry summary column launched by Golden Finance. The content covers key news of the week, mining information, project trends, technology progress and other industry trends.
JinseFinanceThe Dencun hard fork has been completed on the Goerli, Sepolia and Holesky testnets, and the mainnet will be launched on Epoch 269568 (approximately March 13, 2024).
JinseFinanceOf the 27 Ethereum ETFs in the world, 20 are Ethereum spot ETFs and 7 are Ethereum futures ETFs. The top 10 global Ethereum ETFs all trade in Canada or Europe.
JinseFinanceWith the SEC delaying Grayscale and BlackRock's filings, Daniel Kuhn is looking into when the SEC will approve these investment products.
JinseFinanceI believe that there is a high probability that the door will be opened for more institutions to enter the market, such as the Ethereum ETF, which is highly anticipated by the industry.
JinseFinanceBITO, the ProShares Bitcoin Strategy ETF, surged to an all-time high with over $2 billion in assets by January 8, 2024. Simeon Hyman highlighted Bitcoin's consistent uptrend amidst challenges. BITO's growth signifies increasing investor interest in Bitcoin-related investments and the broader acceptance of cryptocurrencies in the market.
Huang BoBloomberg ETF analyst James Seyffart said that U.S. securities regulators implicitly accepted Ethereum as a commodity when they approved an Ethereum futures ETF.
JinseFinanceThese ETFs are managed by six different firms: Valkyrie, VanEck, ProShares, Bitwise, Kelly, and VolShares.
BrianLower transaction volumes than ProShares are to be expected, but VanEck hopes lower fees will give it an edge over the competition.
Cointelegraph