Crypto fanatics eager for a market-shattering Ethereum spot ETF launch may be in for an underwhelming surprise, according to Bloomberg ETF analyst Eric Balchunas. While the recent launch of multiple Bitcoin spot ETFs in the United States has proven phenomenally successful, Balchunas claims a follow-up launch for Ethereum would be “small potatoes” compared to the original. Do Ethereum ETFs Matter? In a post to X on Saturday, Balchunas wrote: “No offense to the ETH people but...
Read More »Ethereum Nears $3K as Market Anticipates Spot ETF and Dencun Upgrade
CoinspeakerEthereum Nears $3K as Market Anticipates Spot ETF and Dencun Upgrade In addition to ETF anticipation, the crypto community eagerly awaits Ethereum's Dencun upgrade that is scheduled for March 13. Ethereum Nears $3K as Market Anticipates Spot ETF and Dencun Upgrade
Read More »Ethereum Retests $2,800 on ETH Spot ETF Approval Expectations
CoinspeakerEthereum Retests $2,800 on ETH Spot ETF Approval Expectations The anticipation of a potential Ethereum ETF approval in the US has been a major catalyst behind the recent bullish sentiment surrounding ETH. Ethereum Retests $2,800 on ETH Spot ETF Approval Expectations
Read More »Cathie Wood Doubts SEC Approval for Crypto ETFs Beyond Bitcoin and Ethereum
Cathie Wood, founder of ARK Investment Management, has expressed skepticism regarding the Securities and Exchange Commission’s (SEC) stance on approving spot exchange-traded funds (ETFs) following cryptocurrencies beyond Bitcoin and Ethereum. Wood’s sentiment was echoed in her recent remarks on WSJ’s Take On the Week podcast: “We’d be surprised to see anything but Bitcoin and Ether being approved by the SEC.” Franklin Templeton Joins the ETF Race This sentiment follows...
Read More »Ark Invest Wants To Add Staking To Its Spot ETH ETF: Will The SEC Approve?
Cathie Wood’s asset manager Ark Invest wants to bake staking into its proposed Ethereum Spot ETF – a feature that could revolutionize how the product is evaluated by Wall Street. In an amended S-1 application form filed on Wednesday, Ark included a lengthy passage about what the Ethereum network is and how it stays decentralization, highlighting its use of a proof-of-stake consensus mechanism. That’s where the firm slipped in a passage about its own participation in...
Read More »SEC Delays Decision on Invesco-Galaxy Spot Ethereum ETF Proposal
The United States Securities and Exchange Commission (SEC) has again delayed its decision on whether to approve or not a joint spot Ethereum exchange-traded fund (ETF) proposed by Invesco and Galaxy Digital. This marks the second postponement after a similar delay in December and aligns with the SEC’s recent trend of pushing back deadlines for Ethereum ETF proposals. SEC to Institute Proceedings According to a Tuesday filing, the SEC indicated that it was “instituting...
Read More »ETH Price Close to $2,400, Ethereum’s Dencun Upgrade Live on Holesky Testnet with Mainnet Implementation Expected in March
CoinspeakerETH Price Close to $2,400, Ethereum’s Dencun Upgrade Live on Holesky Testnet with Mainnet Implementation Expected in March After launching on the Goerli and Sepolia testnets, the Ethereum Dencun upgrade is now live on Holesky in anticipation of a mainnent launch. ETH Price Close to $2,400, Ethereum’s Dencun Upgrade Live on Holesky Testnet with Mainnet Implementation Expected in March
Read More »SEC Delays Spot Ethereum ETFs Decision for Invesco and Galaxy
CoinspeakerSEC Delays Spot Ethereum ETFs Decision for Invesco and Galaxy Despite the delays, there's optimism in the financial sector regarding Ethereum's potential price rise. SEC Delays Spot Ethereum ETFs Decision for Invesco and Galaxy
Read More »Here’s the New SEC Deadline for BlackRock’s Spot Ethereum ETF
The Securities and Exchange Commission (SEC) has postponed its ruling on BlackRock’s request to introduce a spot Ethereum ETF until March. As the largest fund manager globally, BlackRock submitted its application for a spot Ethereum exchange-traded fund (ETF) in November. SEC Delays Decision on BlackRock Spot Ethereum ETF According to a filing on the SEC website, the decision on BlackRock’s application for a spot Ethereum ETF, initially scheduled for January 25, has been...
Read More »Crypto Mom Says SEC Won’t Need a Lawsuit to Approve Spot Ethereum ETFs
Hester Pierce, popularly known as “Crypto Mom,” who serves as a commissioner with the United States Securities and Exchange Commission (SEC), believes the agency would not need a lawsuit or a court ruling to approve pending spot Ethereum exchange-traded funds (ETFs) application. During an interview with community-owned crypto media outlet Coinage, Commissioner Pierce insisted the SEC should not need a court to direct its approach as it would treat spot Ethereum ETFs the way...
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