Ethereum ETF

Vitalik Buterin’s net worth surges from $552.86 million to $834.66 million in 2024

July 1, 2024 2 mins read

Vitalik Buterin’s net worth has surged from $552.86 million in 2024 to $834.66 million, mostly driven by his significant Ethereum holdings. Nevertheless, his Ethereum holdings have never exceeded 0.9% of the overall supply, reaching a peak of 0.91% in 2015. Nevertheless, Buterin still has the highest amount of ETH as an individual. Buterin, who was born in 2011, played a key role in the co-founding of Bitcoin Magazine. In 2013,

Bloomberg analyst Eric Balchunas extends the deadline for Ethereum Spot ETF launch

July 1, 2024 2 mins read

Eric Balchunas, an analyst at Bloomberg, has updated his estimated schedule for the introduction of Ethereum Spot ETFs in the United States. This revision comes in response to recent statements made by the US SEC on the second wave of S-1 form submissions. In May, the SEC granted approval for the 19b-4 applications submitted by eight potential issuers of the Ethereum spot ETF. This approval is the initial stage in

Ethereum ETFs Approved: What Does It Mean for Investors?

May 27, 2024 1 min read

The SEC’s approval of Ethereum spot ETFs has spurred debate over Ether’s value and acceptability, particularly among elderly investors. After approval, Bloomberg ETF analyst Eric Balchunas suggested the possibility of Ethereum spot ETFs on X. He said that Ethereum must attract to baby boomer investors aged 60–80. Balchunas suggested a simple message like “Bitcoin is digital gold,” to assist this population grasp Ethereum spot ETFs. Balchunas asked: “Is Ether’s motto

Grayscale pushes for the first spot in Ethereum ETF despite facing regulatory hurdles

March 18, 2024 1 min read

Grayscale intends to introduce a spot Ethereum ETF and has submitted an updated application to the US Securities and Exchange Commission (SEC). The company contends that the triumph of Ethereum futures ETFs bolsters the argument for a direct Ethereum ETF. The objective of Grayscale’s proposal is to transform its Ethereum Trust into an Exchange-Traded Fund (ETF) that may be traded on NYSE Arca. The company then presents the SEC’s previous

Ethereum Rallies on Ether ETF Anticipation Amid Bitcoin ETF Expectations

January 10, 2024 1 min read

In a dramatic shift in the crypto market, Ether and Ethereum-based tokens saw a significant increase in value, fueled by traders’ anticipation of a potential Ether ETF following the expected approval of a Bitcoin ETF in the US. While the price of Ether surpassed $2,400, Bitcoin suffered a temporary setback as a result of deceptive tweets from the hacked SEC’s X account. A prominent financial institution, BlackRock, has filed an