Ethereum's network Q1 financial report shows that it tripled its earnings quarter-on-quarter to around $370 million. Bitcoiner argues about ETH's security status as Bloomberg analyst James Seyffart labels it as a commodity. VanEck expects Ethereum Layer 2 chains to accrue more revenue than the main Ethereum chain by 2030. Ethereum sustained its consolidating movement for the second day on Thursday, trading above $3,300 after crashing earlier in the week.
If the SEC wanted to come out and call Eth a security, they should not have approved the listing of #Ethereum futures ETFs which rely on these contracts. To go back and change that would likely mean the delisting and closing of CME ETH futures AND the ETH futures ETFs. Thus why… — James Seyffart April 3, 2024 James Seyffart also said in another X post that the SEC asking for public comments on spot Ethereum ETF filings is a normal procedure and not ‘bullish’ in any capacity for Ethereum ETFs.
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Ethereum (ETH) Price IndexThe Ethereum (ETH) live price today is $3,586, changes over 24H (+4.63%). Current market cap is $429.21 B. All given information about Ethereum (ETH) updated in real-time.
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