2024-05-23 15:05:56

Ethereum ETF Decision Impacts Bitcoin and Ether Markets

Image used under license from Shutterstock.com

The imminent decision on an Ether ETF application by the SEC is causing fluctuations in the Bitcoin and Ethereum markets. With BTC hovering near $80,000 targets and Ether experiencing both rallies and slumps, investor anticipation is high.

Approval of the Ethereum ETF could trigger a significant rally in the cryptocurrency market, akin to the effect of Bitcoin ETF approvals. As SEC discussions continue and market sentiments fluctuate, the broader digital asset market remains volatile yet optimistic about the potential for increased buying activity and price surges.

Related news on that topic:

The press radar on this topic:

CoinDesk
23. Mai 2024 um 08:45

Ethereum ETF Approval Could Spur 60% Rally as ETH Buying Increases

Finance
Cryptocurrencies & blockchain
Approval of spot ether ETFs in the U.S. could lead to a potential 60% rally in the cryptocurrency market, similar to the impact seen with bitcoin ETF approval in January. Increased buying activity is observed on both centralized and blockchain-based crypto exchanges as optimism grows around ETF approval.
CoinDesk
23. Mai 2024 um 10:21

Ether's Bull Momentum Is Strongest Since May 2021

Finance
Ether's price has surged 18% in six days on speculation of a spot ETH ETF approval by the U.S. SEC, with traders eyeing a potential $5,000 target by the end of June. The current bullish momentum in the ether market is the strongest in three years, with indicators showing a positive trend and potential resistance levels ahead.
Cointelegraph.com News
23. Mai 2024 um 09:54

Ethereum ETF decision due in hours as BTC price gets $80K May target

Finance
Bitcoin and Ethereum markets face uncertainty as Ether ETF decision approaches. BTC price nears previous all-time highs while anticipation surrounds potential approval of Ethereum ETFs in the US. Analysts predict targets like $80,000 for BTC/USD in the coming weeks.
Cointelegraph.com News
23. Mai 2024 um 11:39

SEC Ethereum ETF discussions underway, S-1 approval expected in hours

Finance
Cryptocurrencies & blockchain
The U.S. Securities and Exchange Commission (SEC) has initiated discussions with potential issuers of Ether exchange-traded funds (ETFs) regarding S-1 forms, with some anticipating imminent approval. SEC staff and Ether ETF issuers concluded discussions on S-1 forms, noting that more work is needed before potential approvals. Consensys CEO Joseph Lubin expressed optimism about Ether ETF approvals, suggesting that while 19b-4 applications may be approved soon, the process for S-1 forms could be more extensive.
CW

Account

Waiting list for the personalized area


Welcome!

InfoBud.ai

infobud.ai is an AI-driven news aggregator that simplifies global news, offering customizable feeds in all languages for tailored insights into tech, finance, politics, and more. It provides precise, relevant news updates, overcoming conventional search tool limitations. Due to the diversity of news sources, it provides precise and relevant news updates, focusing entirely on the facts without influencing opinion. Read moreExpand

Your World, Tailored News: Navigate The News Jungle With AI-Powered Precision!