Cboe Announces 5 Ether ETFs Will Be Listed Tuesday Pending Regulatory Effectiveness

Cboe, the Chicago Board Options Exchange, is preparing to list five new ether exchange-traded funds (ETFs) on Tuesday, pending regulatory effectiveness. These five spot ethereum ETFs are from 21shares, Fidelity, Franklin, Invesco Galaxy, and Vaneck. The U.S. Securities and Exchange Commission (SEC) approved Form 19b-4 filings for eight spot ether ETFs in May and has … Read more

SEC Approves Mini Ethereum ETFs As Institutional Trading Dominates

The U.S. SEC has given the green light to Grayscale’s mini Ethereum ETF, which will be backed by assets from their larger Ethereum ETF. In addition, ProShares’ Ethereum ETF has also received approval. These funds are expected to start trading next week, alongside other spot ETH ETF products. Grayscale has also introduced a mini Bitcoin … Read more

US Spot Ether ETFs to Launch on July 23 Pending Final SEC Approval, Analyst Says

The U.S. Securities and Exchange Commission (SEC) has finally gotten back to issuers concerning the final approvals for spot ether exchange-traded funds (ETFs). Preliminary approval has reportedly been granted for at least three of the eight proposals set to launch next Tuesday. Issuers of these spot ether ETFs have been working with the SEC to … Read more

Ethereum Surges 6% As Digital Asset Investments Reach Record Highs

Ethereum made a notable rebound today, climbing 6% to surpass the $3,300 mark amid positive market sentiment. This uptick follows significant inflows into digital asset investment products, which according to CoinShares, totaled $1.44 billion last week, pushing year-to-date inflows to a record $17.8 billion. Bitcoin alone saw its fifth-largest weekly inflow ever, amounting to $1.35 … Read more

Market Trends Favor Ethereum as ETF Launch Nears, Finds Bybit and Block Scholes Study

A recent report from Bybit and Block Scholes reveals shifting investor sentiment in the crypto derivatives market, favoring ethereum over bitcoin. This insight, derived from analysis of market trends across various trading formats, highlights an optimistic outlook for ether, especially with the impending launch of spot ether exchange-traded funds (ETFs) in the United States. Shift … Read more

290,000 ETH Added to Liquid Staking Protocols Ahead of Spot ETF Launch

According to data, liquid staking protocols accumulated an additional 290,000 ether in the past 46 days. This increase raised the proportion of ETH in liquid staking protocols by 0.24%, bringing the total to 11.18% of Ethereum’s 120.2 million circulating supply. Shift in Liquid Staking: Swell Drops, Frax Ether Moves Up At the time of writing, … Read more

CFTC Chair Pushes for Federal Legislation to Regulate Bitcoin and Ether as Commodities

During his Senate testimony, the chairman of the Commodity Futures Trading Commission (CFTC) emphasized the necessity of federal legislation to regulate digital commodities such as bitcoin and ether. Citing market volatility and fraud, the chairman advocated for expanded regulatory powers to safeguard investors and maintain financial stability. He also referenced a recent court ruling that … Read more

Ethereum Surges Back To $3.1K Amid ETF Filing Frenzy

Ethereum has surged to $3.1K today, marking a 3% uptick in value. This increase comes as the crypto market shows signs of stabilization following a standard correction. The total cryptocurrency market capitalization appears to have bottomed out, bolstered by the recent filing of final documents for Ethereum ETFs, which are set to launch in less … Read more