Browsing:ETH ETF

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.
4 weeks ago 1 min read

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

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 label, and its listing on the Chicago Mercantile Exchange. Kendrick’s optimistic outlook extends beyond ETH, as he sees BTC reaching $100,000 by the end of the year and $200,000 by

The US SEC has delayed its decision on the iShares Ethereum Trust spot ETF until March 10
1 month ago 1 min read

SEC delays decision on Ethereum ETF to March 10, 2024

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 time to thoroughly examine the complexities surrounding the Ethereum ETF. The proposed rule change has been open for public comment since December 11, 2023, but no comments have been received