Category: Fiat

JPMorgan Doubts SEC Will Approve Solana ETFs

Amid the evolving landscape of cryptocurrency regulations, JPMorgan has expressed skepticism regarding the potential approval of Solana and other crypto exchange-traded funds (ETFs) by the United States Securities and Exchange Commission (SEC). This comes in the wake of the SEC’s recent nod to Ethereum ETFs, stirring discussions within the financial sector. Nikolaos Panigirtzoglou, the managing […]

SEC Green-Lights Ethereum ETFs: A New Era Begins

In a remarkable development, the U.S. Securities and Exchange Commission (SEC) has officially approved eight applications for spot Ethereum ETFs, marking a significant milestone for Ethereum’s integration into Wall Street. The approved funds include the Grayscale Ethereum Trust, Bitwise Ethereum ETF, iShares Ethereum Trust, VanEck Ethereum Trust, ARK/21 Shares Ethereum ETF, Invesco Galaxy Ethereum ETF, […]

Ethereum ETFs: Anticipation and Implications

The cryptocurrency sector is on the brink of a significant evolution as institutional investors prepare to invest an estimated $500 million into Ethereum ETFs in the upcoming week, pending approval by the U.S. Securities and Exchange Commission (SEC) this Thursday. This sentiment comes from an analysis by OKX, a leading crypto exchange. Lennix Lai, OKX’s […]

Spot Ether ETFs: No Staking Allowed

As issuers gear up for potential approval of spot ether (ETH) exchange-traded funds (ETFs), recent filings emphasize a clear commitment to the Securities and Exchange Commission (SEC): no involvement in staking ETH. Staking is the process of depositing ETH to help secure the Ethereum blockchain, offering yield as a return, but this will be explicitly […]

London Stock Exchange to List Crypto ETPs Amid Regulatory Shift

In a significant move for the cryptocurrency market in the United Kingdom, the London Stock Exchange (LSE) is set to list crypto exchange-traded products (ETPs) for the first time. This development follows the Financial Conduct Authority’s (FCA) adjusted regulatory stance, which now allows the listing of such products specifically for professional investors. WisdomTree, a New […]

SEC’s Pivotal Decision on Spot Ether ETFs: A Political Move?

The Securities and Exchange Commission (SEC) appears to be at a pivotal moment, as it hints at a potential approval of spot ether exchange-traded funds (ETFs), signaling a notable shift from its previous stance. Just two weeks ago, the SEC expressed disinterest in these filings, but recent developments suggest a complete reversal. According to sources, […]

SEC Considers Approval for Spot Ether ETFs

The Securities and Exchange Commission (SEC) may be on the brink of approving spot ether exchange-traded funds (ETFs), marking a potentially transformative shift in the cryptocurrency landscape. According to a recent report from Barron’s, which relied on anonymous sources, SEC staff communicated to exchanges on Monday that the agency is “leaning” toward greenlighting these ETFs. […]

Ethereum Price Surges Amid ETF Speculation

The trading world was abuzz as Ethereum experienced a sharp 9% increase in its price within just 20 minutes on Monday afternoon, a movement fueled by growing optimism over the potential approval of spot Ethereum exchange traded funds (ETFs) by the United States Securities and Exchange Commission (SEC). Ethereum’s price leaped from $3,143 to $3,428, […]