Staked Ether Close to All-Time High as ETF Approval Nears
Polymarket bettors give a 90% chance that ether ETFs get approved by July 26.
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ether etf
Polymarket bettors give a 90% chance that ether ETFs get approved by July 26.
Ether’s 2030 valuation is forecasted at $2.2 trillion, driven by $66 billion in free cashflows and $15 trillion TAM potential, VanEck writes
The approval of new exchange traded funds (ETFs) for Ethereum’s ether {{ETH}} is a logical next step to the regulator previously approving spot bitcoin ETFs, U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler seemed to suggest twice on Wednesday.
Ether spot ETFs could attract as much as $3 billion of net inflows this year, the report said.
The financial industry veteran discusses ETFs, tokenization and future banking blockchain opportunities at Consensus 2024.
Wood says the filings in support of ether ETFs were not approved in a regular way.
One in three U.S. voters said they’ll consider a political candidate’s position on cryptocurrencies before making a voting decision, according to a new Harris Poll examination of likely U.S. voters.
One trader said ether’s sell-off on positive news is a typical speculator’s “buy the rumours, sell the facts” reaction.
Holders cumulatively bought over 100,000 ETH in spot markets on Tuesday, the highest daily level since September 2023.
The notional open interest, or the dollar value locked in the number of active ether futures contracts, surged by 25% in a single day.