Ethereum Watch

Reuters has reported that the US Securities and Exchange Commission (SEC) has requested Nasdaq and Cboe to revise their spot Ethereum exchange-traded fund (ETF) proposals. Advertisements This request signifies an important step in the regulatory review process for these financial products. SEC’s Request for “Fine-Tuning” in Ethereum ETF Application According to Reuters, sources familiar with […]

Fidelity Investments has revised its upcoming spot, Ethereum exchange-traded fund (ETF), notably removing the staking feature. Advertisements This modification, detailed in the latest S-1 filing with the US Securities and Exchange Commission (SEC), reflects a strategic shift in response to regulatory uncertainties. Why Fidelity Removed Staking Facility? The filing states that the Trust will neither […]

ETH now trades at a two-month high. The number of short positions liquidated on 20th May represented the coin’s single-day highest since the beginning of the year.  Ethereum [ETH] has rallied to a two-month high after Bloomberg analysts increased the odds of the Ethereum Exchange Traded Fund’s (ETF) successful launch.  Advertisements In a post on […]

Analysts have increased their odds of spot Ethereum exchange-traded fund (ETF) approval. This shift in sentiment comes amid renewed optimism about regulatory approval from the US Securities and Exchange Commission (SEC). Advertisements The move signals a potential breakthrough in the prolonged quest for a spot Ethereum ETF. Renewed Optimism for Spot Ethereum ETF Approval Eric […]

Ethereum price rallied over 20% amid rise in hopes of ETH ETF. ETH broke many hurdles and even broke the $3,500 resistance zone. Advertisements Ethereum started a fresh surge and cleared the $3,500 resistance zone. The price is trading above $3,600 and the 100-hourly Simple Moving Average. There is a short-term rising channel forming with […]