ETF

New Ethereum ETF update sparks interest – More inside

Ark Invest and 21 Shares submitted an amended Ethereum spot ETF proposal. ETH reacted positively, with an increase of over 2%.  In a recent update, one of the applicants seeking approval for an Ethereum [ETH] spot ETF, Ark Invest and 21 Shares, made a noteworthy development. This recent announcement drew reactions from ETH, creating anticipation […]

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Why Bitcoin miners sprang into action prior to ETF approvals

The number of Bitcoins transferred by miners to exchanges hit a 5-month high a day before the approvals. Hashprice fell considerably as Bitcoin prices dropped. Bitcoin [BTC] sharply corrected two days after the spot ETFs were officially cleared for trading, falling as much as 7% from the levels seen immediately after the approval. Over the

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Bitcoin ETF: Recent Grayscale ruling whets whales’ appetites

Bitcoin broke through the $27,000-barrier on Sunday. The price rip also bolstered its demand in the derivatives market. Bitcoin [BTC] blasted past $27,000 in the last 24 hours, as market participants braced for a continued upward trend. Read Bitcoin’s [BTC] Price Prediction 2023-24 The king coin kept moving northwards until it faced strong resistance at $27,900, data

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Will Bitcoin cross $30k as SEC abandons appeal on Grayscale ETF?

SEC decided to avoid a legal dispute against Grayscale Investments. Social engagements for Bitcoin grew, but overall sentiment began to decline. The United States Securities and Exchange Commission (SEC) chose to avoid engaging in another legal dispute with Grayscale Investments, a prominent digital asset management firm. The appeals court will soon specify how this decision

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Bitcoin ETF approval could take BTC ‘as high as $180k’: Analyst

Hedge fund founder Tom Lee opined that BTC would cross its ATH shortly after the ETF approval. Another big player in the market predicted a surge in liquidity. The anticipation surrounding a potential Bitcoin [BTC] spot Exchange-Traded Fund (ETF) approval has been a major topic of discussion within the cryptocurrency community lately. For many investors,

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Ethereum ETF race intensifies as Volatility Shares enters the fray

Volatility Shares joins the ETF race along with other eager firms. Institutional interest in ETH grows, but whale interest in Ethereum declines. As all eyes remain fixed on Bitcoin’s [BTC] potential ETF approval by the SEC, Ethereum [ETH] was seen positioning itself to reap the benefits of this burgeoning investment avenue. Read Ethereum’s [ETH] Price

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