Ethereum Spot ETF

As the second-quarter earnings report approaches, Coinbase Global Inc. (NASDAQ:COIN) has seen a slight uptick in pre-market trading. What Happened: On Thursday, Coinbase was trading at $227.37 in the pre-market session, a 1.34% increase from its Wednesday close of $224.36, according to Benzinga Pro...

Eric Balchunas, a renowned financial analyst, recently expressed skepticism about the potential success of Grayscale’s Ethereum (CRYPTO: ETH) spot ETF due to its high fee structure. What Happened: Grayscale submitted updated S-1 filings with the SEC Wednesday, revealing the all-important...

Justin Sun, the founder of the Tron (CRYPTO: TRX) blockchain, was seen doubling down on his Ethereum (CRYPTO: ETH) investments as the world's second-largest cryptocurrency dipped lower.   What Happened: A wallet allegedly linked to the entrepreneur withdrew 4,629 Ether from cryptocurrency...

Nate Geraci, president of The ETF Institute, anticipates approvals for spot Ethereum (CRYPTO: ETH) ETFs this week, potentially shaking up the cryptocurrency market. What Happened: On Sunday, Geraci took to X, formerly Twitter, to share his prediction, stating, “I'm deciphering this as spot...

Former SEC Chair Jay Clayton, noted that trading of Ethereum (CRYPTO: ETH) spot ETFs in the U.S. was a foregone conclusion.  What Happened: In an interview with CNBC, Clayon dissected the approval process for the investment avenues.  “There's the listing approval, which is what...

On a day when the first-ever Ethereum (CRYPTO: ETH) spot ETFs have been approved in the U.S., Ethereum Classic (CRYPTO: ETC) seems to be stealing the spotlight from its sister chain. What Happened: Ethereum Classic racked up gains of nearly 9% in the last 24 hours, according to data from Benzinga...

Cryptocurrency research firm 10x Research raised the chances of the SEC greenlighting the Ethereum (CRYTO: ETH) spot ETF later today to 90%. What Happened: In its latest newsletter, 10x Research deemed the approval a "formality". It noted that an X post by SEC Chair Gary Gensler cautioning...

Prominent crypto market observer and founder of venture fund Cinneamhain Ventures, Adam Cochran, took a dig at SEC Chair Gary Gensler over the latter's stance on Ethereum (CRYPTO: ETH) being a security. What Happened: Cochran, one of the fiercest critics of Gensler, took to social platform X...

Ethereum (CRYPTO: ETH) proponents might still be optimistic about a spot ETF approval but analysts tracking the developments increased the odds of a rejection by the SEC. What Happened: Analyzing a March filing submitted by BlackRock Inc. to the SEC over its ETF application, finance lawyer Scott...

The long-awaited spot Bitcoin (CRYPTO: BTC) ETF launch is just around the corner, throwing the cryptocurrency market into a fever pitch of anticipation and strategic planning. According to digital asset trading firm QCP Capital, the moment of truth could arrive as early as the...