Good News for Ethereum (ETH) ETFs in the US, But With a Catch: Bloomberg’s Balchunas

  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

Crypto Blog

After the US Securities and Exchange Commission made history earlier this year by approving almost a dozen spot Bitcoin ETFs, all eyes in the community turned to the next digital asset in line – Ethereum.

The situation with the Ether ETFs is quite different. Although they have been technically approved, there are some irregularities with most S-1 filings and the question of whether they will allow staking, which is a major part of the Ethereum ecosystem. This is why the launch date remains a mystery. He believes there’s a good chance the documentation will be handled within the next ten days or so, so they could “get it off their plate” before the July 4 US holiday. In other words, Balchunas suggested that the Ethereum ETFs could see the light of day by July 2.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 568. in ERROR

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ethereum Co-Creator Hits Major US Exchange With 10,000 ETH TransferEthereum price 23% pump triggers 10,000 ETH dump by one of Ethereum cofounders, Jeffrey Wilcke
Source: Utoday_en - 🏆 295. / 63 Read more »

60,000 ETH Suddenly Bought on Binance Before ETH Suspension, Community StunnedCryptocurrency community is abuzz, discussing recent massive ETH withdrawal from Binance exchange
Source: Utoday_en - 🏆 295. / 63 Read more »

298,000 Ethereum (ETH) in 24 Hours, What's Happening?Ethereum single day buy-up hits 298,000 ETH in major demand boost
Source: Utoday_en - 🏆 295. / 63 Read more »

Ethereum derivatives data indicate mixed sentiments following SEC Chair comments on ETH ETF approvalsEthereum's (ETH) price was down nearly 5% on Thursday as Securities & Exchange Commission (SEC) Chair Gary Gensler suggested spot ETH ETFs will likely receive approval over the course of the summer.
Source: FXStreetNews - 🏆 14. / 72 Read more »

This Ethereum (ETH) Move Was UnexpectedEthereum performs unexpected move
Source: Utoday_en - 🏆 295. / 63 Read more »