ETH ETF

The US SEC’s potential approval of a spot Ether ETF sparks excitement

May 21, 2024 2 mins read

Recently, the cryptocurrency community has speculated about the SEC approving a spot Ether (ETH) ETF. Eric Balchunas, a notable Bloomberg ETF analyst, tweeted that the ETF’s clearance was likely. Break out this news’ facts and ramifications. Increased Approval Chances: Bloomberg ETF analysts Eric Balchunas and James Seyffart increased the spot Ether ETF approval likelihood from 25% to 75%. Recent speculation suggests the SEC may change its position on this politically

Standard Chartered predicts SEC’s approval of Ethereum ETFs by May 23

January 31, 2024 1 min read

Standard Chartered Bank’s Head of Forex and Digital Assets Research predicts that the US SEC will approve Ethereum exchange-traded funds (ETFs) by May 23. Drawing parallels with the SEC’s approach to Bitcoin ETFs, where initial rejections were followed, Geoffrey Kendrick, the expert behind the forecast, believes Ethereum’s price will rise to $4,000 following the ETF approval. This optimism comes from Ethereum’s unique classification by the SEC, which avoids the security

SEC delays decision on Ethereum ETF to March 10, 2024

January 25, 2024 1 min read

The US SEC has delayed its decision on the iShares Ethereum Trust spot ETF until March 10, 2024. The ETF, proposed by Nasdaq on November 21, 2023, is intended to track the price movements of Ethereum, a popular crypto. Originally, the SEC had a 45-day review period for the ETF proposal, ending on January 25, 2024. However, the regulatory body chose to extend this period, indicating a need for more