Ethereum Watch

The Securities and Exchange Commission (SEC) is poised to follow a similar approach to approving spot Bitcoin (BTC) exchange-traded funds (ETFs) for spot Ethereum ETFs, with the expectation that approval will be granted on the initial final deadline of May 23, as per Standard Chartered Bank analysis. Advertisements Ethereum ETFs Face Delays, Approval Remains Likely […]

An Ethereum (ETH) whale has recently executed a series of transactions, carrying out a considerable movement of funds across various platforms. The blockchain analytics platform Spot On Chain initially brought to light this activity, involving roughly $46.02 million in ETH tokens. Advertisements Deciphering The Whale’s $46M ETH Transfer Across Major Platforms The whale, operating through […]

Deribit Ethereum (ETH) options contracts with a strike price of $2,550 are set to expire on Friday. There are over 24,600 outstanding contracts worth more than $62 million at this price, even as the ETH’s price is $2,541.79 ahead of an exchange-traded fund (ETF) approval deadline in May. Advertisements The large volume of contracts appears […]

While Bitcoin exchange-traded fund (ETF) applications are still awaiting approval from the US Securities and Exchange Commission (SEC), executives from asset management firms are already speculating about the potential launch of spot ETFs for other major cryptocurrencies, including XRP and Ethereum (ETH).  Advertisements Valkyrie Invest’s Chief Investment Officer, Steven McClurg, expressed his belief that the […]

BlackRock and NASDAQ have outlined why the SEC needs to approve the investment company’s new spot Ethereum exchange-traded fund (ETF) filing. According to the filing with the SEC, approval of a Spot ETH ETP would represent a major win for the protection of U.S. investors in the crypto asset space.  Advertisements If approved, the iShares […]

Advertisements Grayscale initiated Ethereum ETF conversion, potentially expanding crypto accessibility for mainstream investors. Whale interest in ETH decreased despite ETF hype. Grayscale Investments, one of world’s largest crypto asset managers, recently made a significant move in the ongoing Ethereum [ETH] ETF saga. They announced that NYSE Arca filed with the SEC to convert Grayscale Ethereum […]

Asset management firm Valkyrie, one of the frontrunners for the first Ethereum ETF (exchange-traded fund) in the United States, has decided to pause its purchase of Ether futures contracts until the US Securities and Exchange Commission approves an Ether futures ETF. This comes barely a day after the asset manager reportedly secured approval to offer […]

Advertisements The deadline for the ETF decision has been postponed to 26 December. ETH futures products could be approved soon as the blockchain’s revenue hits $10 billion. One day after delaying its Bitcoin [BTC] spot decision, the U.S. SEC has confirmed that similar Ethereum [ETH] applications have suffered the same fate. In its 27 September […]

In a recent development, asset manager Bitwise has withdrawn its application to transform its existing Bitcoin futures ETF (Bitwise Bitcoin Strategy Optimum Roll ETF) to one that invests in both Bitcoin and Ethereum futures contracts.  Advertisements This has raised speculations about the reason for this decision and what it means for the Ethereum futures ETFs […]

Traditional financial institutions that have filed crypto ETF applications have focused on a particular market (spot or futures). However, a recent NASDAQ application suggests that the asset manager Hashdex is taking a different approach, which could be a game changer in the Ethereum ETF race.  Advertisements NASDAQ Proposes To List Ethereum ETF According to the […]