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Breaking: SEC Grants Approval for Eight Ethereum ETFs in Landmark Decision


The SEC has given the go-ahead to eight spot Ethereum ETFs, marking a major development for the cryptocurrency market. The decision, which includes approvals for industry giants like BlackRock and Fidelity, comes after a period of uncertainty regarding the SEC's stance on Ethereum-based ETFs. The...

SEC Approves First Eight Spot Ether ETFs


The Securities and Exchange Commission (SEC) has approved the first eight proposals for spot ether exchange-traded funds (ETFs). According to a document issued on May 23 that orders grating an accelerated approval for these products, NYSE Arca obtained permission to list the Grayscale Ethereum...

Brian Kelly: Solana Might Get the Next Spot ETF


Brian Kelly, founder and CEO of BKCM, a digital currency investment firm, stated that while he is still unsure about the imminent approval of a spot ether EFT, he trusts that it will be approved “at some point in time.” In an interview on CNBC, Kelly specified that solana (SOL) might...

Hong Kong SFC Considering Ether Staking for Ethereum ETFs


Hong Kong’s Securities and Futures Commission (SFC) is reportedly considering allowing the issuers of Ethereum ETFs to offer Ether staking. The post Hong Kong SFC Considering Ether Staking for Ethereum ETFs appeared first on Cryptonews

Congressmen Urge SEC Chair Gary Gensler To Approve Spot ETH ETP


A group of bipartisan House representatives is urging United States Securities and Exchange Commission (SEC) Chair Gary Gensler to approve spot Ether ETPs, a new letter shows. The push for spot ETH ETP approval follows the House’s successful FIT21 vote on  Wednesday. The post Congressmen Urge...

Crypto for Advisors: Bitcoin ETF vs Direct Ownership


This article aims to provide financial advisors with a detailed comparison of these investment vehicles, addressing key aspects such as management, custody, trading, and tax implications to inform both advisors and their clients better

BlackRock’s IBIT leads record Bitcoin ETF inflows


With the US SEC on the verge of approving ether-based exchange-traded funds (ETFs), the focus shifts to skyrocketing Bitcoin tracking instruments. Some of the leading products in this context are Blackrock’s iShares Bitcoin Trust (IBIT), Fidelity’s  Wise Origin Bitcoin Fund (FBTC), and Grayscale’s...

Solana ETF: Enthusiasts eye “Probably Next” after ETH ETF approval hope


Analysts have unticked their possibilities for approval of Spot Ether ETF from 25% to 75%. The US Securities & Exchange Commission will also likely give a green light to two applications by the end of this week. If so, Ether ETF products will become the second product in the market only after...

Ethereum network in the limelight for ETH ETF outcome


According to Santiment, a crypto body, the Ethereum space is being observed very closely, with market observers speculating on the outcome of ETH ETF. A lot seems to be depending on it. In the meantime, Santiment has created a list of prime ERC-20 coins that are witnessing an increase...

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