SEC Delays Spot Ethereum ETF Decision From BlackRock and Fidelity
SEC has again delayed spot Ethereum ETF decisions from BlackRock and Fidelity, as analysts continue to tip May as the
SEC has again delayed spot Ethereum ETF decisions from BlackRock and Fidelity, as analysts continue to tip May as the
Chervinsky highlights SEC's challenge: political pressure and market instability may sway decisions on Ethereum ETFs.
Ethereum ETFs will likely generate far less interest than Bitcoin’s did, one analyst argues.
Rasmussen noted that the Ethereum ETF anticipation and the upcoming March Dencun upgrade are impacting ETH's performance.
Bloomberg's James Seyffart also notes that the SEC may approve Ethereum ETF faster, leveraging Bitcoin's regulatory groundwork.
Coinbase has announced its support for Grayscale in the process of converting its Ethereum trust into a spot Ethereum ETF.
The total open interest for Ethereum futures stood at $10.5 billion.
Increasing Ethereum whale activity has driven the altcoin's price to almost $3,000.
This sentiment follows Franklin Templeton's recent submission to the SEC, seeking approval for the launch of a spot Ethereum ETF.
Staking could provide additional profits for ETF investors, but it comes with added risks.