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Crypto Turbulence: Can Ethereum ETF Approval Save the Market?


The crypto market has been bleeding for the better part of the last 48 hours. According to CoinGecko, the total global crypto market cap stands at $2.21 trillion. The market has lost a 5.29% market share in 24 hours alone.  Crypto market prices are in the danger zone, with some losing their worth...

High expectations from Altcoins as Ethereum ETF Approval nears


The launch of the Spot Ethereum ETF will be a boom time for altcoins due to their association with Ethereum. The crypto market is currently undergoing a consolidation phase, and altcoins show mixed responses from investors.  Experts in the digital asset market expressed the belief that the altcoin...

U.S. Govt. Moves 3,375 Ethereum Amidst ETH ETF Approval Hype


According to data from blockchain intelligence firm Arkham, a wallet associated with the US government moved 3,375 ETH. The moved Ethereum was valued at approximately $11.75 million and sent to an unknown address at 16:34 UTC+8. This large transfer comes at a time when the crypto market is waiting...

Ethereum surges 5% with whale activity ahead of ETH ETF approval


Ethereum’s market value has jumped 5% ahead of the SEC S-1 form revisions. The community expects the SEC to announce its approval in the next 14 to 21 days. In light of this, whale activity has also surged, pushing ETH past the $3,500 level. Reports indicate that a crypto whale, most likely...

Solana ETF Approval Odds Rise Amid Potential Political Shifts, Analyst Says


Bloomberg’s senior ETF analyst has stated that the odds of a Solana exchange-traded fund (ETF) being approved within the next 12 months are closely linked to the likelihood of a change in the U.S. presidency. He noted that it is “safe to say the chances of both are higher today than...

Vaneck Seeks SEC Approval for Solana-Based ETF


In a significant expansion of its cryptocurrency offerings, Vaneck has announced the filing of the first U.S. exchange-traded fund (ETF) focused on Solana. This move marks a strategic enhancement of Vaneck’s digital asset products, according to Matthew Sigel, head of digital asset research....

SEC Chair Gensler: Spot Ethereum ETF Approval Process ‘Going Smoothly’


U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler says that the spot ethereum exchange-traded fund (ETF) approval process is “going smoothly.” He stressed that “it’s really about the asset managers making the full disclosure so that those registration...

Bitwise modifies S-1 form to secure SEC approval for ETH ETF


Bitwise, a leader in the field of crypto fund controlling, has made certain changes to its S-1 form for Ethereum ETF by adding relevant information, enabling it to receive the SEC’s consent.  This is as per the US Securities and Exchange Commission’s instructions and includes information related...

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