2024-06-14 19:59:52

Impact of Assured Spot Ether ETF Approval on the Crypto Market

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Despite the SEC's approval of spot Ether ETFs and expectations for regulatory greenlight from SEC Chair Gary Gensler, the cryptocurrency market remained subdued, with Ether and Bitcoin prices declining. The approval of spot Ether ETF listings on U.S. stock exchanges signals a milestone in mainstream crypto adoption, akin to previous Bitcoin ETF approvals.

Anticipation surrounds the final regulatory approval of spot Ether ETFs by the end of summer, potentially driving institutional participation. The SEC's decision on Ethereum ETFs prompts discussions on its implications for Bitcoin and the broader digital asset industry.

However, amidst heavy Bitcoin ETF outflows and market slides, concerns arise about the immediate impact of Ether ETFs. Analysts remain cautious about an Ethereum rally to $3,700, citing bearish sentiment in Ether derivatives markets and macroeconomic uncertainties.

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CoinDesk
13. Juni 2024 um 16:07

Assured Spot Ether ETF Approval Fails to Stir Slumping Crypto Market

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Despite expectations for spot Ether ETF approval by SEC Chair Gary Gensler, the cryptocurrency market remained under pressure during U.S. trading hours, with prices of Ether and Bitcoin dropping. The market sentiment was dampened by the Fed's indication of just one rate cut this year and softening economic data in the U.S.
TheStreet Crypto: Bitcoin and cryptocurrency news, advice, analysis and more
19. Juni 2024 um 13:15

SEC gives initial greenlight to spot ether ETFs

Finance
The U.S. SEC approved spot ether ETF listings on U.S. stock exchanges, marking a historic move in the mainstream adoption of crypto assets, following similar approvals for bitcoin ETFs. Multiple companies are awaiting approval for their ETFs to officially trade, which could drive institutional adoption of the asset class.
TheStreet Crypto: Bitcoin and cryptocurrency news, advice, analysis and more
10. Juli 2024 um 23:09

Spot ether ETFs will gain final approval by ‘end of summer,’ says SEC chair Gary Gensler

Finance
Spot ether exchange-traded funds (ETFs) are expected to gain final regulatory approval by the end of the summer, according to SEC chair Gary Gensler. Several major asset managers are awaiting SEC approval to trade these ETFs on U.S. stock exchanges, with anticipation generating market excitement around ethereum funds.
TheStreet Crypto: Bitcoin and cryptocurrency news, advice, analysis and more
28. Juni 2024 um 09:17

How will the SEC's approval of ethereum ETFs impact bitcoin?

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The SEC's approval of ethereum ETFs has raised questions about its impact on the cryptocurrency market. Industry experts discuss the potential effects on bitcoin's price and the broader digital asset industry.
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