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Bloomberg Analyst Now Expects Spot Ethereum ETFs to Launch on July 2


Bloomberg’s senior ETF analyst has updated his spot ethereum exchange-traded fund (ETF) prediction. “We are moving up our over/under date for the launch of spot ether ETF to July 2nd,” he said. This revision follows light comments from the SEC Staff on issuers’ S-1 filings....

Co-Creator of Ethereum thrilled with layer 2 protocol OP mainnet


The Co-Creator of Ethereum, Vitalik Buterin, is thrilled with layer 2 protocol OP mainnet and considers it a significant landmark. He used the occasion to showcase the many success stories of Ethereum’s upgrading services.  OP Labs, the firm responsible for building the Optimism protocol,...

Ethereum Funds reach record inflows, highest since March


Ethereum investment products have received record inflows, with the latest installment being higher than those recorded since March 2024. According to CoinShares’ latest report, these funds have attracted $69 million in the past week. This increase in investment proves that the market...

Spot Ethereum ETF suppliers await SEC’s version on S-1 filings


Expectant spot Ethereum ETF suppliers await the SEC’s view-point on their S-1 filings, following them forwarding their initial drafts on the 31st of May, 2024.  The suppliers were under the impression that the SEC will offer their view-point about their sent drafts by the 7th of June. However,...

Reasons to back Ethereum in June


The crypto segment has a collective market cap of $2.53 trillion when writing this article. It is dominated by Bitcoin (BTC), with a share of 54.1%. Ethereum (ETH) follows with a share of 17.45. Should it receive more support, chances are Ethereum would fetch better returns and possibly a larger...

Ethereum Technical Analysis: ETH Faces Tight Trading Range Under Resistance


Ethereum (ETH) continues to showcase its volatility and potential for strategic trading. As of June 10, 2024, ethereum’s price stands at $3,677, reflecting a daily range of $3,654 to $3,714. Ethereum Ethereum’s 1-hour chart reveals short-term volatility, with ether’s price...

Ethereum ETFs remain behind spot Bitcoin items


Although the Ethereum ETFs have received consent, they remain behind spot Bitcoin items, awaiting their formal registration. In this matter, the top financial institutions such as BlackRock and Fidelity are waiting to get the consent from the Securities and Exchange Commission (SEC) for registering...

Ethereum ETF approval looms: Gensler’s latest hints spark optimism


According to recent remarks by SEC Chair Gary Gensler, the long-anticipated launch of an Ethereum ETF may be approaching sooner than expected. Gensler’s insights have sparked renewed speculation and excitement among investors and industry observers as the cryptocurrency market eagerly awaits...

Gemini Taps Kaiko for Enhanced Cryptocurrency Derivatives Trading


Kaiko, a prominent player in the crypto data sector, has announced a strategic partnership with Gemini Foundation, the derivatives trading platform of the cryptocurrency exchange, Gemini. This collaboration will see Gemini Foundation utilizing Kaiko’s Benchmark Reference Rates to power...

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