Ether surged more than bitcoin over the weekend on renewed optimism for the second-largest cryptocurrency. Source
Ethereum Meme Coins PEPE, MOG Hit Lifetime Highs on Ether ETF Filing Approvals
Tag: ETF
ETH price nears $4k as market uncertainty around ETH ETF looms
On Monday, the price of Ethereum surged to $3,900, buoyed by a wave of bullish sentiment among investors. Ethereum (ETH) is on track to surpass the $4,000 mark even before the launch of spot Ethereum exchange-traded funds (ETFs) as the market appears to be highly “underallocated,” according to DeFiance Capital founder Arthur Cheong. 4.5k before spot ETF go live for trading imo. — Arthur (@Arthur_0x) May 26, 2024 In a post on social media platform X on May 26, Cheong projected that Ethereum, the second-largest cryptocurrency by market value, could…
Bitcoin ETF inflows compensate April’s outflows; Rebel Satoshi presale peaks
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bloomberg analyst advises investors not to worry about spot Bitcoin ETF flows despite a crypto crash. Meanwhile, Rebel Satoshi’s RECQ aims for higher prices. TLDR A Bloomberg analyst says investors should not worry over short-term spot Bitcoin outflows. Rebel Satoshi’s RECQ surprises investors with the rapid growth of its presale. Bitcoin (BTC) is leading the market in the latest crypto bull run. These gains came after spot Bitcoin ETFs…
Ethereum outlook bullish after ETF approval despite retreat
Days after hitting a month-high of $3,943, the price of Ethereum (ETH) has begun to correct. The initial rise followed the U.S. Securities and Exchange Commission (SEC) approving applications from NASDAQ and the NYSE to list Ethereum exchange-traded funds. Although ETF issuers still need final approval before their products can launch, the SEC’s May 23 decision marked a significant and unexpected victory for firms that had made applications and the broader crypto industry. Until Monday, many had anticipated regulators would reject the filings. Nine issuers, including VanEck, ARK Investments/21Shares, and…
Bitcoin Spot ETF Records Consecutive Weeks Of Inflows As Investor Confidence Grows
Ethereum exchange-traded funds (ETF) have been the talk of the town – and rightly so – after the United States Securities and Exchange Commission (SEC) approved the listing of the investment products during the week. Meanwhile, the Bitcoin spot ETF market continued its resurgence on one side, marked by a second consecutive week of positive inflows. This streak of positive inflows represents a complete shift from previous weeks when investment activity was dangerously low. However, this recent turnaround reflects a rise in investor confidence over the past two weeks. Bitcoin…
London Stock Exchange loses key ETF leaders ahead of crypto ETPs launch
As the London Stock Exchange gears up to list its inaugural crypto exchange-traded products, about half of its exchange-traded fund team has reportedly left. Just as the London Stock Exchange (LSE) prepares to list its first crypto-linked products, two members of its four-person team overseeing exchange-traded funds (ETFs) departed, Bloomberg reports, citing a spokesperson for LSE. According to the report, Michael Stanley, the head of exchange-traded products, and Hetal Patel, head of business development, have left the organization, though the exact timing of their exits remains unclear. The departures come…
Lido (LDO) Takes The Lead With 13% Surge Post Ethereum ETF Approval
Lido (LDO), the liquid staking protocol for the Ethereum (ETH) and Polygon (MATIC) blockchains, has seen a significant price spike in the last 24 hours following the long-awaited approval of spot Ethereum ETF applications by the US Securities and Exchange Commission (SEC) on Thursday. The protocol’s native token, LDO, has successfully regained the $2.30 level and is looking to break out of its one-month downtrend structure that has been in place since the market correction in April. LSD Sector Set To Soar With Ethereum ETF Approval? As reported by our…
3 Questions About the SEC’s Abrupt ETH ETF Approval
Was the decision politically motivated? What does it mean for Ethereum going forward? Will other leading chains benefit too? Source
Consensys Hails Spot Ether ETF Approval, Slams SEC’s ‘Deliberate Regulatory Abuse’
Consensys has lauded the U.S. Securities and Exchange Commission’s approval of 19b-4 filings for spot ether exchange-traded funds as “a step in the right direction.” However, the software firm expressed its disapproval of what it calls the securities regulator’s “deliberate regulatory abuse” in its handling of ethereum. The SEC’s Inconsistent Approach to Digital Assets The […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Ether (ETH) ETF Listing Approval Sees Billions Poured Into Restaking Protocol Ether.Fi
“I think there is question whether staking, particularly liquid staking, turns ETH into a security,” Silagadze said. “I think how it is going to start is you will have ETH ETFs that are either contracted out or run their own infrastructure, those nodes will be compliant and censored and all of that stuff, but it’ll have a nice baked-in yield. Restaking is much more complex, so I think it’ll get there; it’ll just be a matter of time.” Source