Ethereum ETF listing delayed
The launch of a U.S. spot Ethereum exchange-traded fund (ETF), which many expected to launch as early as July 2, has been delayed by the U.S. Securities and Exchange Commission (SEC).
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The launch of a U.S. spot Ethereum exchange-traded fund (ETF), which many expected to launch as early as July 2, has been delayed by the U.S. Securities and Exchange Commission (SEC).
For many large groups of non-crypto native capital, Ethereum has much lower buy-in as a key portfolio allocation.
In the next bull market, if interest rate cuts can occur, there is still hope that the price of Ethereum will reach $10,000.
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The Dencun hard fork has been completed on the Goerli, Sepolia and Holesky testnets, and the mainnet will be launched on Epoch 269568 (approximately March 13, 2024).
I believe that there is a high probability that the door will be opened for more institutions to enter the market, such as the Ethereum ETF, which is highly anticipated by the industry.
In anticipation of the looming deadline for a spot Bitcoin ETF decision on January 10, several asset managers, including Vaneck, Valkyrie, Fidelity, Bitwise, and Grayscale, have submitted filings to register their spot Bitcoin exchange-traded funds (ETFs) as securities with the U.S. Securities and Exchange Commission (SEC). Forecasts suggest the SEC may render a decision before the set date.
The SEC sets a Dec. 29 deadline for Bitcoin ETF applicants, with first approvals expected in early January.
SEC sets December 29 deadline for Bitcoin ETF proposals, with a decision expected on January 10, 2024.
These ETFs are managed by six different firms: Valkyrie, VanEck, ProShares, Bitwise, Kelly, and VolShares.