Bitwise: Ethereum ETF will have a greater impact on ETH prices
Bitwise Chief Investment Officer Matt Hougan said there are three reasons why an Ethereum ETF could have a greater impact on the asset’s price than a Bitcoin ETF would on BTC.
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Bitwise Chief Investment Officer Matt Hougan said there are three reasons why an Ethereum ETF could have a greater impact on the asset’s price than a Bitcoin ETF would on BTC.
In the current GPU-as-a-Service market, Aethir dominates with the most GPUs, the most A100s and H100s, and the lowest hourly rate for A100s. They have $24 million worth of rendering equipment in 25 locations in 13 countries.
The SEC is considering Ethereum ETF proposals from Grayscale, Fidelity, and Bitwise, with public feedback sought on market dynamics and regulatory concerns.
This stems from regulatory caution due to increased interest in investing in Crypto assets and complex market dynamics.
Bitwise's spot Bitcoin ETF sets a precedent with transparent holdings' addresses. Will other ETFs, like BlackRock, follow suit? Positive community response and philanthropy amplify Bitwise's impact in the crypto space.
As major players like VanEck, Bitwise, and BlackRock make strategic moves, the Bitcoin ETF landscape is witnessing significant developments. While fee structures are becoming competitive, the commitment to supporting core developers adds an interesting layer to these financial maneuvers.
88% of investment professionals surveyed are interested in buying BTC and are awaiting the launch of a U.S. spot Bitcoin ETF.
BlackRock and Bitwise revise Bitcoin ETF applications, signaling a proactive stance in aligning with SEC regulations.
BlackRock and Bitwise have submitted revised spot Bitcoin ETF applications to the SEC, signaling ongoing discussions. BlackRock's updated filing includes language on monitoring price movements and anti-money laundering compliance. Bitcoin's recent surge adds to speculation about potential SEC approval, with the cryptocurrency currently trading near $42,000.
Split into three distinct categories, the event is held in partnership with industry leaders BitMart, CertiK, iPollo, and Web3 Lab, and with support from Fenbushi Capital, G-Rocket, Cipholio Ventures, Huawei Cloud, and ND Labs.