It may not happen immediately and price action could be choppy to start due to outflows from the Grayscale Ethereum Trust, after it converts to an ETF, the report said. Source
Ether Spot ETF Inflows Will Push ETH to Beyond $5K: Bitwise
Tag: Ether
US Spot Ether ETFs to Launch on July 23 Pending Final SEC Approval, Analyst Says
The U.S. Securities and Exchange Commission (SEC) has finally gotten back to issuers concerning the final approvals for spot ether exchange-traded funds (ETFs). Preliminary approval has reportedly been granted for at least three of the eight proposals set to launch next Tuesday. Issuers of these spot ether ETFs have been working with the SEC to […] Source CryptoX Portal
Ether (ETH) Spot Exchange-Traded Funds (ETFs) Could See Up to $5.4B of Net Inflows in First 6 Months: Citi
Investors who would likely buy spot ETFs, as opposed to the respective tokens, may view bitcoin and ether as similar enough to split their allocations between the two cryptocurrencies, rather than viewing them as distinct assets, Citi said. That means ether may see flows that had been earmarked for bitcoin ETFs rather than additional allocations. Source
Ether Hedging Activity Picks Up as U.S. ETF Debut Nears
Investors’ focus on ether is evident from ETH’s sustained volatility premium over BTC. Source
CFTC Chair Pushes for Federal Legislation to Regulate Bitcoin and Ether as Commodities
During his Senate testimony, the chairman of the Commodity Futures Trading Commission (CFTC) emphasized the necessity of federal legislation to regulate digital commodities such as bitcoin and ether. Citing market volatility and fraud, the chairman advocated for expanded regulatory powers to safeguard investors and maintain financial stability. He also referenced a recent court ruling that […] Original
Staked Ether Close to All-Time High as ETF Approval Nears
Polymarket bettors give a 90% chance that ether ETFs get approved by July 26. Source
What Still Needs to Happen Before Spot Ether ETFs Can Trade
Hours before the spot bitcoin ETFs were approved by the SEC in January, one of the listing exchanges, Cboe, added the funds to its “New Listings” page, saying that was “standard procedure” before the approval of a new ETF. If so, given that five of the potential ether ETFs will be listed on Cboe, we may well see a similar situation happening on the day that these ETFs receive approval. Source
Ether (ETH) ETF Fee Race Begins as Invesco Reveals 0.25% Charge, Slightly Higher Than VanEck
With eight issuers looking to launch an ether ETF at the same time, fees will play a critical role in differentiating a product from the others and appealing to investors. Grayscale’s higher-than-normal 1.5% fee on its bitcoin (BTC) trust caused it, among other reasons, to bleed billions of dollars while others saw mostly inflows. Source
Bitcoin Back Over $57,000, Ether Over $3,000 as Major Seller Receives BTC Back
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Ether Retakes $3K Amid Signs of Seller Exhaustion Before ETF Debut
Discounts in the Grayscale Ethereum Trust and the Coinbase indicator have evaporated in a positive sign for the ether bulls. Source