Tag: Ether

Ether (ETH) Spot ETFs Could See Demand From Same Sources as Bitcoin (BTC) Versions, But on Lower Scale: Bernstein

“ETH should not see as much spot ETH conversion due to the lack of an ETH staking feature in the ETF,” analysts Gautam Chhugani and Mahika Sapra wrote, adding that the basis trade will likely find takers over time and this should contribute to healthy liquidity in the ETF market. The basis trade involves buying the spot ETF and selling the futures contract at the same time and then waiting for the prices to converge. Source

Bloomberg Analyst Doubles Down on July 2 Spot Ether ETF Launch Date Amidst Surge in S-1 Filings

Bloomberg’s senior ETF analyst has reaffirmed his prediction of a July 2 launch date for U.S. spot ethereum exchange-traded funds (ETFs) after observing a surge in amended S-1 (registration statement) filings on Friday. U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has indicated that spot ether ETFs will launch this summer, pending the SEC’s […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Bitwise CIO Makes the Case for Adding Ether to Investment Portfolios

Matt Hougan, CIO of Bitwise, a crypto-based index fund and ETF provider, has explained why he believes ether might be an interesting asset for an investment portfolio. Hougan states three key reasons for investing in ether: diversification to “own the market,” different use cases than bitcoin, and historical analysis. Bitwise CIO Presents Three Reasons to […] Source CryptoX Portal

Fidelity discloses $4.7 million seed investment for its spot Ether ETF

Fidelity has amended its S-1 filing for a spot Ethereum ETF, according to documents filed with the U.S. Securities and Exchange Commission (SEC) on Friday. The asset management firm is the first to file an amended S-1 Registration Statement with the SEC, kicking off what ETF analysts say could be a busy day for firms looking to secure approval to list spot Ether ETFs. Fidelity’s amends S-1 filing Fidelity’s filing disclosed a $4.7 million seed investment for its ETF, with affiliate FMR Capital having purchased 125,000 shares to seed the…

Ether, Meme Coins Lead Recovery While Bitcoin Remains Subdued

The digital asset market ticked upward during the European morning with ether reclaiming $3,500. ETH has climbed over 4% in the last 24 hours, trading at $3,540 at the time of writing. The CoinDesk 20 Index (CD20) added around 1.6%. DOGE is nearly 3.5% higher following its slump on Tuesday, while fellow meme coin SHIB is also up over 3%. Bitcoin remains subdued, trading around $65,400, a lift of 0.2% from 24 hours ago. Spot bitcoin ETFs in the U.S. experienced a further $152.4 million worth of outflows on Tuesday.…

Ether (ETH) Price Volatility Expectations May Be Overrated

The spread between the forward-looking, 30-day implied volatility indexes for ether (ETH DVOL) and bitcoin (BTC DVOL) flipped positive in April on dominant crypto options exchange Deribit. Since then, it has risen to 17%, according to data tracked by Amberdata. Implied volatility estimates the degree of future price swings based on options prices. Source

Institutional Investors Unlikely to Be Put Off by Ether (ETH) ETF’s Lack of Staking, 21Shares’ Ophelia Snyder Says

“For example, there could be months when the unstaking period is six or nine days, and that range can be so wide, it changes your liquidity requirements,” Snyder said. “And it doesn’t just jump from nine to 22 days. It actually slowly extends and if you monitor these things, there are data inputs that you can use to manage that portfolio such that you’re doing the right things in terms of maximizing returns while minimizing the probability of a liquidity issue.” Source