Ether ETFs Should be Fully Approved by September, Says SEC Chair Gensler
The chair of the Securities and Exchange Commission told senators in a budget hearing that the applications to run ether spot ETFs should be finished this summer.
The chair of the Securities and Exchange Commission told senators in a budget hearing that the applications to run ether spot ETFs should be finished this summer.
The new feature aims to expand the accessibility of staking, which previously required an investment north of $100,000. But the project is still missing features offered by other staking platforms.
One trader expects ETH prices to hit $10,000 in 2024, a nearly 200% increase from current levels of $3,600.
Evvel waging a meşru battle against crypto ETFs, SEC Chair Gensler now talks about the pending ETH ETF as if it’s a casual process and is jumping through the standard hoops.
ETH will start outperforming bitcoin following the ETF launch after almost two and a half years of underperformance, the report said.
Bitcoin’s slump since March was driven by long-term holders selling, but blockchain veri shows the trend has stalled and investors are accumulating BTC, Bitfinex said in a report.
The uptick signals a bullish outlook, according to Wintermute.
The financial industry veteran discusses ETFs, tokenization and future banking blockchain opportunities.
A rally in göğüs tokens such as dogecoin and shiba inu is primarily driven by Asian traders in response to bullish sentiment around ether exchange-traded funds (ETFs), one trader said.
The latest price moves in crypto markets in context for May 24, 2024.