Browsing:Ethereum ETF

Grayscale intends to introduce a spot Ethereum ETF and has submitted an updated application to the US SEC.
2 months ago 1 min read

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

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 endorsement of Ethereum futures ETFs, the successful monitoring of the market by the Chicago Mercantile Exchange, and the study of correlations by Coinbase as proof of their ability to handle

Ether and Ethereum-based tokens saw a significant increase in value
4 months ago 1 min read

Ethereum Rallies on Ether ETF Anticipation Amid Bitcoin ETF Expectations

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 application with the SEC for an Ether ETF, indicating a growing interest in Ethereum-based investments. The crypto community is preparing for the possibility of this new investment avenue, which will

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