Key Points: The new US Spot Ethereum ETF launches trading with a massive starting asset of nearly $10.3 billion. Most of the ETF’s initial funding comes from ETHE’s assets, highlighting strong investor confidence. Bloomberg’s James Seyffart notes the impressive asset level, reflecting the high demand for Ethereum investment. Bloomberg ETF analyst James Seyffart recently shared
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U.S. regulators have given final approval for spot exchange-traded funds that hold Ethereum’s ether (ETH), giving Americans access to a second major cryptocurrency via the easy-to-trade vehicles. The decision caps a years-long process to get ether ETFs approved by the Securities and Exchange Commission and follows the regulator’s approval of bitcoin (BTC) ETFs in January.
Spot Ethereum exchange-traded funds (ETFs) are set to launch on July 23rd, and the initial inflows to these products might affect the crypto price, according to a report by Kaiko. Following SEC approval of exchange rule changes for these funds, ETF issuers have finalized details with the SEC, including fee structures revealed in recent S-1
WadzPay (WTK) announced two tier-1 listings in the month of July. WTK volume fell steadily over the last few weeks only to jump by almost 150% in one day. The sentiment for a bullish tier-1 listing launch is now greater than ever. Altcoins prepare for a massive bullish surge following the success of the ETH
Increased transactional activity on Solana-based applications and a surge in the total value locked (TVL) on the network have contributed to Solana’s recent outperformance. Expectations of a possible exchange-traded fund (ETF) product and easing regulatory policies under a potentially crypto-friendly Trump administration have further boosted Solana’s appeal among investors. Increased transactional activity and booming expectations
The price of Bitcoin quickly dipped Sunday after Joe Biden announced that he would drop out of the 2024 presidential election. But while the plunge led to the liquidation of millions of dollars in long positions, it was short-lived. Bitcoin quickly fell from a price of $67,453 to $65,884 within 30 minutes, per data from
According to breaking information, Elon Musk changed his profile photo to “laser eyes” representing Bitcoin, and according to flight information, his jet landed in Tennessee, where the Bitcoin Conference will take place. The information shared by Fox Business reporter Eleanor Terrett, who usually works in the field of cryptocurrency, was also confirmed by an Instagram
Davinci Jeremie, one of the well-known names in the cryptocurrency world, has been attracting attention since 2013 when he called on everyone to buy Bitcoin (BTC) for only 114 dollars. Jeremie’s journey into the cryptocurrency world began by focusing on gold and silver as solutions to the problems of the financial system. However, his discovery
Back to the list cryptopotato.com 4 h Bitcoin’s price continues to be highly impacted by the political scene in the United States. After the failed assassination attempt against Donald Trump last weekend, this time, news regarding his opponent rattled the markets. However, the cryptocurrency managed to bounce off and return to nearly $67,000 almost
Analyst Ali Martinez has pinpointed an altcoin capable of delivering up to 1,500% return for investors as the altcoin bull market takes shape. The altcoin market has experienced a notable surge over the past few days, with many reclaiming new monthly highs following a prolonged period of bearish sentiment. Altcoin’s bullish optimism was influenced by