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Bloomberg ETF analyst Eric Balchunas tweeted on his X. “We expect the U.S. Securities and Exchange Commission (SEC) to make an announcement on an Ethereum spot ETF around 4 p.m. local time tomorrow (Nov. 23). Previously, the Bitcoin spot ETF was announced around 3:45pm. In the past, it's been...
BlackRock's BTC spot ETF, IBIT, has overtaken Grayscale's GBTC in assets under management (AUM) as of Nov. 22, according to data provided by TheBlock. BlackRock's Bitcoin spot ETF IBIT saw net inflows of $291 million in the past 21 days. This is more than the previous 21 trading days combined....
According to data from Nansen Intelligence, net inflows into exchanges reached 81,840 ETH (roughly $3.06 billion) on Jan. 21 (local time). This is the largest daily amount since January 23rd. “This data marks the third consecutive day of inflows,” Nansen said, “bucking the general trend of...
The anticipation of an Ethereum (ETH) spot ETF approval has led to a rally in some ETH-based memecoins, according to The Block. Based on TheBlock's own data, PEPE is up up to 16%, LADYS is up 28%, and Dogecoin (DOGE) is up 6% in the past 24 hours. ETH is also up 4.6% in the same period, up to...
Lucas Kiely, chief investment officer at digital asset investment platform Yield App, said that even if an Ethereum spot ETF is approved, it is likely to see a short-term downturn, similar to what happened with BTC spot ETFs, according to Cointelegraph. “Ethereum has surged 20%. Investors should...
“The U.S. Securities and Exchange Commission's (SEC) Division of Trading and Markets has contacted stock exchanges that have filed to list Ethereum (ETH) spot ETFs and informed them that it will approve their 19b-4 (formal examination request) filings this week,” cryptocurrency media outlet The...
“Ethereum (ETH) daily Net Taker Volume on Binance has reached a new all-time high of approximately $5.3 billion,” crypto on-chain analyst maartunn writes in X. “ETH's daily Net Taker Volume on Binance has reached a new all-time high of approximately $5.3 billion. Net taker volume is a metric that...
“If the U.S. Securities and Exchange Commission (SEC) approves an Ethereum (ETH) spot ETF, it could have a significant impact on the crypto economy with an influx of institutional investors,” former Messari analyst Ryan Watkins told X. “Institutions could gain exposure to a wider range of...
The U.S. Securities and Exchange Commission's (SEC) Division of Trading and Markets has notified asset managers to revise and resubmit their 19b-4 filings (a formal request for review) for ethereum spot ETFs, according to crypto news source X Accounts Database. “With a number of ETH spot ETFs due...
Bloomberg ETF analyst Eric Balchunas reports via X that “I'm raising my forecast for the probability of the U.S. Securities and Exchange Commission (SEC) approving an Ethereum (ETH) spot ETF to 75% this month. Today, we heard that the SEC could do a 180-degree turn on the issue.” In March, Eric...
After closing the previous trading day at $67,365, CME BTC futures opened today at $66,525, a gap of $840.
As Nate Geraci, CEO of US ETF specialist ETFstore, told X, “This week is the deadline for the US Securities and Exchange Commission (SEC) to approve an Ethereum (ETH) spot ETF. The SEC must approve a 19b-4 (a formal request for review) before the ETF can launch, and even if it does, it could slow...