SEC Delays Another Ether ETF Application
A decision for approving or denying a joint Ether ETF product has been pushed back, in line with analyst expectations.
ETF
BlackRock and ProShares’ Bitcoin ETFs Surpassed GBTC’s Daily Volumes
GBTC has led bitcoin ETF volumes, mostly in outflows, since the products started trading in early January.
Ether Could Hit $4,000 With Likely Spot ETH ETF Approval in May: Standard Chartered
The British bank predicts that the SEC will eventually treat spot ether ETF applications similarly to bitcoin ETFs, putting May 23 as the expected date for an approval.
Hong Kong Gets Spot-Bitcoin ETF Application, Stablecoin Interest From China’s Harvest Global: Reports
Venture Smart Financial Holdings is also aiming for a spot-bitcoin ETF and is involved in the discussions about the stablecoin sandbox.
Crypto for Advisors: Unlocking Crypto Custody
As a financial advisor, it is crucial to understand that there is no one-size-fits-all approach to crypto custody. Instead, the most suitable solution depends on your client’s specific needs, goals, and risk appetite.
Trading Volume on Proshares Bitcoin ETF Tanks 75% As Focus Shifts To Spot ETFs
Observers said BITO will remain an integral part of the market as a hedging instrument for authorized participants associated with the recently launched spot ETFs.
No More Than 50% Chance of Spot Ether ETF Approval By May, JPMorgan Says
Lawsuits against crypto exchanges offering staking services for proof-of-stake blockchains, including Ethereum, make approval of a spot ether ETF more challenging until these cases are resolved, the investment bank said.
Ether Could Soar in 2024 on the Back of Dencun Upgrade, ETF Narrative: Analysts
The ether- bitcoin ratio has surged 10% in the first 19 days of the year, taking back part of last year’s 25% slide.
Crypto Bulls Lose $217M as Apparent Grayscale Sales Weighs on Bitcoin
Analysts also pointed out that GBTC shares flipped to a 0.9% discount on Thursday amid “likely selling pressure.”
Crypto for Advisors: The Regulators are Here
As the crypto industry matures, regulators have indicated they will continue to focus on crypto after the spot bitcoin ETF approvals.