“After successfully listing the first U.S. spot Bitcoin ETFs on our exchange and securing SEC approval for our rule filings to list spot Ether ETFs, we are now addressing the increasing investor interest in Solana – the third most actively traded cryptocurrency after Bitcoin and Ether,” Rob Marrocco, global head of ETP listings at Cboe Global Markets, said in a statement. Source
Discounts in the Grayscale Ethereum Trust and the Coinbase indicator have evaporated in a positive sign for the ether bulls. Source
The winds of change might be blowing for Polkadot (DOT), a popular blockchain network for connecting different blockchains. After a rough couple of months marked by a nearly 50% price decline from its April peak, DOT is exhibiting signs of a potential resurgence. This positive outlook stems from a confluence of three key factors: whispers of a DOT-focused exchange-traded fund (ETF) on Coinbase, a bullish technical chart pattern, and healthy levels of liquidity in the market. Related Reading ETF Buzz Ignites Investor Interest News broke earlier this week that crypto…
A Solana ETF approval will likely hinge on changes within the Securities and Exchange Commission (SEC) and with Donald Trump victory looming large. Following the recent approval of spot Bitcoin (BTC) and Ethereum (ETH) ETFs, VanEck is now seeking approval for its own Solana (SOL) ETF. However, the sentiment in the crypto space is that many regulatory challenges loom large for any altcoin ETFs other than ETH or BTC. VanEck’s analysts have acknowledged that substantial regulatory changes are necessary before the Solana ETF can gain approval. . In a recent…
Bitcoin’s late April break below $60,000 bottomed out at around $56,500 after BlackRock said heavyweight institutions like sovereign wealth funds, pension funds and endowments were likely to trade in the spot ETFs. However, JPMorgan recently revealed that 80% of the inflows into the spot ETFs came from existing crypto market participants. Original
The crypto industry is on the verge of a potentially significant development as key figures in the sector hint at the imminent approval of a spot Ethereum ETF in the United States, possibly triggering a notable price rally for ETH.Nate Geraci, president of The ETF Store, shared insights into the expected timeline for the launch of the first spot Ethereum ETF. According to Geraci, current forecasts by Bloomberg predict a mid-July launch. He detailed the procedural timeline via X, stating, “Wen spot eth ETF? BBG sticking w/ mid-July. Amended S-1s…
Ethereum (ETH) price has encountered a setback after briefly surpassing the $3,500 mark on Monday, dropping once again to the $3,400 support level on Tuesday. The delay stems from the expected full approval by the SEC for Ethereum ETF applications, which have now been postponed to July 8. SEC Requests Revised Filings Analysts had initially anticipated approval by July 2, but the SEC has requested issuers to submit revised filings by July 8. Bloomberg ETF expert Erich Balchunas shared on social media that the SEC took additional time to provide…
SCRYPT CEO Norman Wooding told crypto.news several factors point to higher Ethereum prices if the SEC approves spot Ether ETFs. Wooding predicted that spot Ethereum (ETH) ETFs will follow the pattern of spot Bitcoin (BTC) funds and push ETH prices above $4,000. According to the expert, approval for spot ETH ETFs will eliminate “lingering anxieties” surrounding the second-largest cryptocurrency and boost market demand. Wooding opined that Ether could retest its $4,800 peak if spot ETH ETFs capture 10-20% of Bitcoin ETF flows. ETH data | Source: TradingView “This opens doors…
Tidal Investments has announced a proposal for an actively-managed exchange-traded fund (ETF) that combines investments in bitcoin and gold. This fund aims to provide long-term capital appreciation while mitigating short-term market volatility through dual exposure to these asset classes. Tidal Looks for SEC Approval for a Leveraged Bitcoin and Gold ETF The STKD Bitcoin and […] Original
Last week, the Ishares Bitcoin Trust (IBIT) arrived at the Santiago Stock Exchange, the main financial market of Chile. The leading spot bitcoin exchange-traded fund (ETF) instrument, which was approved this year by the U.S. Securities and Exchange Commission (SEC) will now allow Chilean investors to acquire an “accessible and efficient digital asset to include […] Original