EthereumETFApprovalExpectations
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$ETH etf is approved uptrend is on the way.
As per Btc eth data it hits all time high 16 days after the etf was approved.So, time to watch.#ETHETFsApproved #EthereumETFApprovalExpectations
As per Btc eth data it hits all time high 16 days after the etf was approved.So, time to watch.#ETHETFsApproved #EthereumETFApprovalExpectations
#EthereumETFApprovalExpectations
REGULATION
UK Approves First Physically Backed Bitcoin and Ethereum ETPs for Listing on London Stock Exchange
The Financial Conduct Authority (FCA), the UK’s top financial regulator, has approved physically backed bitcoin and ethereum exchange-traded products (ETPs) for listing on the London Stock Exchange for the first time. “FCA approval in this respect could result in greater institutional adoption of the asset class,” Wisdomtree stated.
First Bitcoin and Ethereum ETP Listings on LSE
The UK Financial Conduct Authority (FCA) has approved crypto exchange-traded products (ETPs) by Wisdom tree and 21 shares to list on the London Stock Exchange (LSE).
“Wisdomtree is amongst the first issuers to have its prospectus relating to crypto ETPs approved by the FCA,” the company emphasized, adding:
Its 100% physically backed bitcoin and ethereum ETPs, Wisdom tree Physical Bitcoin and WisdomTree Physical Ethereum, will be listed on the LSE at the earliest date possible which is expected to be on Tuesday May 28th. At the time of listing, these ETPs will only be available to professional investors.
The two Wisdomtree’s physically backed bitcoin and ethereum ETPs will have fees of 0.35%, the same as equivalent vehicles listed in a number of continental European exchanges. Alexis Marinof, Head of Europe at Wisdomtree, explained that the FCA’s approval is a crucial development for the crypto industry, potentially leading to increased institutional adoption. All the UK-listed crypto funds will be constructed as exchange-traded notes (ETNs), a structure common across the European cryptocurrency market.
REGULATION
UK Approves First Physically Backed Bitcoin and Ethereum ETPs for Listing on London Stock Exchange
The Financial Conduct Authority (FCA), the UK’s top financial regulator, has approved physically backed bitcoin and ethereum exchange-traded products (ETPs) for listing on the London Stock Exchange for the first time. “FCA approval in this respect could result in greater institutional adoption of the asset class,” Wisdomtree stated.
First Bitcoin and Ethereum ETP Listings on LSE
The UK Financial Conduct Authority (FCA) has approved crypto exchange-traded products (ETPs) by Wisdom tree and 21 shares to list on the London Stock Exchange (LSE).
“Wisdomtree is amongst the first issuers to have its prospectus relating to crypto ETPs approved by the FCA,” the company emphasized, adding:
Its 100% physically backed bitcoin and ethereum ETPs, Wisdom tree Physical Bitcoin and WisdomTree Physical Ethereum, will be listed on the LSE at the earliest date possible which is expected to be on Tuesday May 28th. At the time of listing, these ETPs will only be available to professional investors.
The two Wisdomtree’s physically backed bitcoin and ethereum ETPs will have fees of 0.35%, the same as equivalent vehicles listed in a number of continental European exchanges. Alexis Marinof, Head of Europe at Wisdomtree, explained that the FCA’s approval is a crucial development for the crypto industry, potentially leading to increased institutional adoption. All the UK-listed crypto funds will be constructed as exchange-traded notes (ETNs), a structure common across the European cryptocurrency market.
ETH/BTC 15 min chart analysis
$BTC $ETH
Moving Averages and Price Action:
The price is above the key moving averages (EMA7, EMA25, EMA99), suggesting bullish momentum. The MAs are aligned in an ascending order, reinforcing the upward trend.
Bollinger Bands:
The price interaction with the upper Bollinger Band indicates overbought conditions, potentially signaling a price retraction or consolidation in the near term.
Volume:
Significant volume spikes on price upswings show strong buying interest, supporting the current bullish trend.
MACD (Moving Average Convergence Divergence):
The MACD line above the signal line but converging towards it suggests that the bullish momentum might be waning.
RSI (Relative Strength Index) and Stochastic:
Both indicators are in the upper range, with RSI near the overbought threshold, suggesting the pair might be temporarily overextended.
Candlestick Formations:
There are candles with long upper wicks, indicating price rejection at higher levels. This pattern often suggests a struggle to maintain upward momentum and could precede a pullback.
Conclusion:
While the ETH/BTC pair shows a strong bullish trend, there are signs of potential overbought conditions that could lead to a pullback or consolidation. Candlestick patterns with long upper wicks confirm this potential reversal, urging caution for traders. Keep an eye on the MACD and RSI for further signs of trend strength or reversal.
#BTC☀️ #ETHETFsApproved #EthereumETFApprovalExpectations #ETHETFS
$BTC $ETH
Moving Averages and Price Action:
The price is above the key moving averages (EMA7, EMA25, EMA99), suggesting bullish momentum. The MAs are aligned in an ascending order, reinforcing the upward trend.
Bollinger Bands:
The price interaction with the upper Bollinger Band indicates overbought conditions, potentially signaling a price retraction or consolidation in the near term.
Volume:
Significant volume spikes on price upswings show strong buying interest, supporting the current bullish trend.
MACD (Moving Average Convergence Divergence):
The MACD line above the signal line but converging towards it suggests that the bullish momentum might be waning.
RSI (Relative Strength Index) and Stochastic:
Both indicators are in the upper range, with RSI near the overbought threshold, suggesting the pair might be temporarily overextended.
Candlestick Formations:
There are candles with long upper wicks, indicating price rejection at higher levels. This pattern often suggests a struggle to maintain upward momentum and could precede a pullback.
Conclusion:
While the ETH/BTC pair shows a strong bullish trend, there are signs of potential overbought conditions that could lead to a pullback or consolidation. Candlestick patterns with long upper wicks confirm this potential reversal, urging caution for traders. Keep an eye on the MACD and RSI for further signs of trend strength or reversal.
#BTC☀️ #ETHETFsApproved #EthereumETFApprovalExpectations #ETHETFS
The approval of Ethereum ETFs is expected to boost institutional investment, potentially driving up its price due to increased demand and market legitimacy. Analysts predict a positive outlook, with some forecasting ETH could reach new highs if market conditions remain favorable and adoption continues to grow. Standard Chartered is even more optimistic, predicting that the price could soar to $8,000 by the end of 2024 due to substantial inflows from spot Ethereum ETFs (StealthEX). In more bullish scenarios, some forecasts suggest that ETH might hit $10,000 or higher, driven by broader adoption and favorable market trends.
#ETHETFsApproved #EthereumETFApprovalExpectations #BullRunAhead #buythedip #EarnFreeCrypto2024
#ETHETFsApproved #EthereumETFApprovalExpectations #BullRunAhead #buythedip #EarnFreeCrypto2024
LDO review🕵🏻😎🔥
$LDO Dear traders, LDO showed W bullish pattern lately and its related to ETHERIUM $ETH pump. Lido Finance is a staking solution provider which provides services for Ethereum 2.0, Terra, Solana and Kusama. Users who stake with Lido are able to maintain the control and liquidity of their staked tokens. LDO is the governance token of the Lido DAO.
Its similar to PENDLE so i expect good growth✨✈️
Good luck✨🕵🏻#writetoearn #LDO/USDT #EthereumETFApprovalExpectations
$LDO Dear traders, LDO showed W bullish pattern lately and its related to ETHERIUM $ETH pump. Lido Finance is a staking solution provider which provides services for Ethereum 2.0, Terra, Solana and Kusama. Users who stake with Lido are able to maintain the control and liquidity of their staked tokens. LDO is the governance token of the Lido DAO.
Its similar to PENDLE so i expect good growth✨✈️
Good luck✨🕵🏻#writetoearn #LDO/USDT #EthereumETFApprovalExpectations
#EarnFreeCrypto2024 $BTC 75k ???
Now Btc stand a Downtrend Zone
🔋 BTC New Support Zone is 68100 if break and not recover within 5 Minutes then BTC Easily touch 66950
🚨 BTC Critical Zone is 68600
BUY LONG Spot / Future 10x Leverage
Buy 68690
T.p 68850
T.p 69100
T.p 69250
T.p 69450 Book profits 50%
T.p 69650
T.p 69950 if resist 45 Minutes Then Ready to Break ATH
S.L 67800 or according to yourself
3 step of Buying is Beneficial For Healthy Trade
💰 Remember: Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice. 💫 Just $11 Usdt is Enough for Supporting me Guys 💵💵
#Write2Earn! #EthereumETFApprovalExpectations #btc70k #buythedip
$SOL Signal Available
$BNB Signal Available
Now Btc stand a Downtrend Zone
🔋 BTC New Support Zone is 68100 if break and not recover within 5 Minutes then BTC Easily touch 66950
🚨 BTC Critical Zone is 68600
BUY LONG Spot / Future 10x Leverage
Buy 68690
T.p 68850
T.p 69100
T.p 69250
T.p 69450 Book profits 50%
T.p 69650
T.p 69950 if resist 45 Minutes Then Ready to Break ATH
S.L 67800 or according to yourself
3 step of Buying is Beneficial For Healthy Trade
💰 Remember: Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice. 💫 Just $11 Usdt is Enough for Supporting me Guys 💵💵
#Write2Earn! #EthereumETFApprovalExpectations #btc70k #buythedip
$SOL Signal Available
$BNB Signal Available
-$ETH
This is the SEC’s second decision regarding crypto Exchange-Traded Products. Earlier this year, in January 2024, the SEC, after a long battle, approved Bitcoin ETFs and ETPs. The exchanges had sought SEC approval for a rule change required to list these new products, which was successfully granted. However, trading will not start immediately, as issuers still need the SEC to approve individual ETF registration statements detailing investor disclosures. According to Reuters, industry participants said it was unclear how long the SEC’s approval process might take.
The US Securities and Exchange Commission (SEC) approved the sale of spot Ether Exchange-Traded Funds (ETFs) in the United States on May 23, 2024. The SEC combined proposals from the Nasdaq, NYSE, and CBOE exchanges, which requested changes to existing rules to allow the trading of Ethereum Exchange-Rraded Products (ETPs) and ETFs.
#ETHETFsApproved #buythedip #EthereumETFApprovalExpectations #EtheruemETF
This is the SEC’s second decision regarding crypto Exchange-Traded Products. Earlier this year, in January 2024, the SEC, after a long battle, approved Bitcoin ETFs and ETPs. The exchanges had sought SEC approval for a rule change required to list these new products, which was successfully granted. However, trading will not start immediately, as issuers still need the SEC to approve individual ETF registration statements detailing investor disclosures. According to Reuters, industry participants said it was unclear how long the SEC’s approval process might take.
The US Securities and Exchange Commission (SEC) approved the sale of spot Ether Exchange-Traded Funds (ETFs) in the United States on May 23, 2024. The SEC combined proposals from the Nasdaq, NYSE, and CBOE exchanges, which requested changes to existing rules to allow the trading of Ethereum Exchange-Rraded Products (ETPs) and ETFs.
#ETHETFsApproved #buythedip #EthereumETFApprovalExpectations #EtheruemETF
$ETH "ETF approved, so why isn't $ETH at $10k?" 📊
While ETFs have been approved, they haven’t launched yet, meaning the expected influx of new capital hasn't started. Since the SEC's pivot earlier this week, those anticipating approval have likely already bought in, with the price still up 21% for the week.
Launching an ETF requires SEC approval on two filings: 19b-4 (exchange rule changes) and S-1 (registration statement).
Only the 19b-4 was approved yesterday, not the S-1. In comparison, the S-1 for BTC was ready before the 19b-4, leading to a quicker approval and trading commencement the next day.
Additionally, the approval might still face challenges. Remember, when $BTC was approved in January, its price didn't skyrocket immediately. Instead, we saw a significant price increase leading up to and shortly after the event, followed by a market selloff as the event, already priced in, occurred, and then a gradual market adjustment to the event's bullish implications over time.
Give us a follow & like @CryptoMetaverse ❤
#ETHETFsApproved #EthereumETFApprovalExpectations #etherreum
While ETFs have been approved, they haven’t launched yet, meaning the expected influx of new capital hasn't started. Since the SEC's pivot earlier this week, those anticipating approval have likely already bought in, with the price still up 21% for the week.
Launching an ETF requires SEC approval on two filings: 19b-4 (exchange rule changes) and S-1 (registration statement).
Only the 19b-4 was approved yesterday, not the S-1. In comparison, the S-1 for BTC was ready before the 19b-4, leading to a quicker approval and trading commencement the next day.
Additionally, the approval might still face challenges. Remember, when $BTC was approved in January, its price didn't skyrocket immediately. Instead, we saw a significant price increase leading up to and shortly after the event, followed by a market selloff as the event, already priced in, occurred, and then a gradual market adjustment to the event's bullish implications over time.
Give us a follow & like @CryptoMetaverse ❤
#ETHETFsApproved #EthereumETFApprovalExpectations #etherreum
Can $ETH hit the target of $10,000 in 2024 ?
The next target for Ethereum (ETH) depends on various factors including market trends, technological developments, regulatory news, and broader economic conditions.
As of now, analysts often look at technical indicators, such as support and resistance levels, to predict short-term price movements. For longer-term targets, they might consider factors like upcoming Ethereum upgrades (e.g., Ethereum 2.0 developments), adoption rates, and overall market sentiment.
Would you like a specific analysis or recent expert predictions on Ethereum's next target?
$ETH #ETHETFsApproved #EthereumETFApprovalExpectations #write2Earn
The next target for Ethereum (ETH) depends on various factors including market trends, technological developments, regulatory news, and broader economic conditions.
As of now, analysts often look at technical indicators, such as support and resistance levels, to predict short-term price movements. For longer-term targets, they might consider factors like upcoming Ethereum upgrades (e.g., Ethereum 2.0 developments), adoption rates, and overall market sentiment.
Would you like a specific analysis or recent expert predictions on Ethereum's next target?
$ETH #ETHETFsApproved #EthereumETFApprovalExpectations #write2Earn
$ETH
Polymarket gets backlash over ‘approved’ outcome on $13M Ethereum ETF bet
A multi-million bet on “Ethereum ETF approved by May 31” resolved to a “Yes” on Polymarket as news from the SEC broke, but the losing side argues it's not over yet.
Polymarket users who lost money by betting against the approval of spot Ether
ETH
tickers down
$3,701
exchange-traded funds (ETFs) are crying foul toward the decentralized betting platform, arguing the bet is still on.
One betting market on the blockchain platform saw over $13.2 million worth of bets placed on whether an Ether ETF would be approved by May 31 — but it didn’t exactly detail what “approved” meant.
The market closed at a “Yes” result on May 23, after the Securities and Exchange Commission greenlit the 19b-4 filings for multiple Ether ETFs. Polymarket's logs show the result was briefly disputed but ultimately resolved with the same “Yes" outcome.
But “No” voters argue the call is incorrect, saying a United States ETF needs an approved 19b-4 filing and Form S-1 to start trading on an exchange, and without the S-1 filing, there can’t be a “Yes” result.
Analysts say it could be months before the SEC approves the S-1s, which some “No” voters may have banked their money on.
Prominent “No” bidder “JustKen” — who changed their name to “RevengeTour19B4” after the saga — pointed to VanEck digital assets research head Matthew Sigel’s X post that said “ETFs are not considered ‘approved’” until both the S-1 and “19b-4 filing have been signed off on by the SEC.
#TrendingBinance #ETHETFsApproved #EthereumETFApprovalExpectations
#BTC
Polymarket gets backlash over ‘approved’ outcome on $13M Ethereum ETF bet
A multi-million bet on “Ethereum ETF approved by May 31” resolved to a “Yes” on Polymarket as news from the SEC broke, but the losing side argues it's not over yet.
Polymarket users who lost money by betting against the approval of spot Ether
ETH
tickers down
$3,701
exchange-traded funds (ETFs) are crying foul toward the decentralized betting platform, arguing the bet is still on.
One betting market on the blockchain platform saw over $13.2 million worth of bets placed on whether an Ether ETF would be approved by May 31 — but it didn’t exactly detail what “approved” meant.
The market closed at a “Yes” result on May 23, after the Securities and Exchange Commission greenlit the 19b-4 filings for multiple Ether ETFs. Polymarket's logs show the result was briefly disputed but ultimately resolved with the same “Yes" outcome.
But “No” voters argue the call is incorrect, saying a United States ETF needs an approved 19b-4 filing and Form S-1 to start trading on an exchange, and without the S-1 filing, there can’t be a “Yes” result.
Analysts say it could be months before the SEC approves the S-1s, which some “No” voters may have banked their money on.
Prominent “No” bidder “JustKen” — who changed their name to “RevengeTour19B4” after the saga — pointed to VanEck digital assets research head Matthew Sigel’s X post that said “ETFs are not considered ‘approved’” until both the S-1 and “19b-4 filing have been signed off on by the SEC.
#TrendingBinance #ETHETFsApproved #EthereumETFApprovalExpectations
#BTC
Emergency $ETH
🚨 ⚡️
The Securities and Exchange Commission (SEC) has approved applications from all Ethereum Spot ETF issuers
#EthereumETFApprovalExpectations
🚨 ⚡️
The Securities and Exchange Commission (SEC) has approved applications from all Ethereum Spot ETF issuers
#EthereumETFApprovalExpectations
Update ETH ETFs:
The approval of Ethereum ETFs faces uncertainty, with Bloomberg analysts lowering the likelihood to 30%.
Challenges include SEC hesitance and lack of progress in filings. Despite optimism, regulatory hurdles persist, impacting market sentiment and potential approval.
Analysts suggest a cautious approach for traders due to volatility risks. The SEC's decision, expected by May 23, 2024, will significantly influence Ethereum's market trajectory.
#ETHETFS #EthereumETFApprovalExpectations
The approval of Ethereum ETFs faces uncertainty, with Bloomberg analysts lowering the likelihood to 30%.
Challenges include SEC hesitance and lack of progress in filings. Despite optimism, regulatory hurdles persist, impacting market sentiment and potential approval.
Analysts suggest a cautious approach for traders due to volatility risks. The SEC's decision, expected by May 23, 2024, will significantly influence Ethereum's market trajectory.
#ETHETFS #EthereumETFApprovalExpectations
$ETH
Here are some key points from today's Ethereum ETF analytics chat:
- Ethereum ETFs are expected to launch soon, with several fund managers receiving approval from the SEC.
- The approval is seen as a significant development for the cryptocurrency market, with many analysts predicting a surge in Ethereum's price.
- The Ethereum ETFs will offer investors a new way to gain exposure to the cryptocurrency, without having to hold the underlying asset.
- Some of the key ETFs to watch include the BlackRock Ethereum Trust, the Bitwise Ethereum ETF, and the Grayscale Ethereum Trust.
- Analysts are predicting a significant increase in Ethereum's price, with some targets as high as $5,000.
- The launch of Ethereum ETFs is also expected to lead to an increase in institutional investment in the cryptocurrency market.
#EthereumETFApprovalExpectations
Here are some key points from today's Ethereum ETF analytics chat:
- Ethereum ETFs are expected to launch soon, with several fund managers receiving approval from the SEC.
- The approval is seen as a significant development for the cryptocurrency market, with many analysts predicting a surge in Ethereum's price.
- The Ethereum ETFs will offer investors a new way to gain exposure to the cryptocurrency, without having to hold the underlying asset.
- Some of the key ETFs to watch include the BlackRock Ethereum Trust, the Bitwise Ethereum ETF, and the Grayscale Ethereum Trust.
- Analysts are predicting a significant increase in Ethereum's price, with some targets as high as $5,000.
- The launch of Ethereum ETFs is also expected to lead to an increase in institutional investment in the cryptocurrency market.
#EthereumETFApprovalExpectations
📈Bitcoin ( $BTC ) or Ethereum ( $ETH ), which Crypto do I use more in daily life for paying groceries, bills, etc.?✅
I use Ethereum if I can and here's why:
1. Ethereum is faster, almost instant⚡
2. The transaction fees of Ethereum are usually cheaper💠
3. Anyone who accepts Bitcoin, also accepts Ethereum✅
#ETHETFS #BTC☀️ #ETHETFsApproved #2024Trends #EthereumETFApprovalExpectations 📈$BNB 📈🚀🌕
⬆️Follow, Like and Share for more posts and updates✅
I use Ethereum if I can and here's why:
1. Ethereum is faster, almost instant⚡
2. The transaction fees of Ethereum are usually cheaper💠
3. Anyone who accepts Bitcoin, also accepts Ethereum✅
#ETHETFS #BTC☀️ #ETHETFsApproved #2024Trends #EthereumETFApprovalExpectations 📈$BNB 📈🚀🌕
⬆️Follow, Like and Share for more posts and updates✅
London Stock Exchange ETF Team Halved As Crypto Launch Nears
London Stock Exchange Group Plc is experiencing a significant shake-up of its ETF team as two out of four members exit. This comes as it prepares to list its first cryptocurrency-related products.
London Stock Exchange Group Plc has recently experienced significant change in its Exchange Traded Funds (ETF) team. The four-person team responsible for overseeing ETFs has been cut in half, down to just two members as the exchange prepares to list its first cryptocurrency-related products.
The cuts come at a critical time as the LSE prepares to introduce new offerings linked to digital currencies, highlighting the potential challenges in managing these new financial products with a decentralizing team.
Key Departures and Upcoming Crypto ETP Launches
Two prominent members of the LSE’s ETF team, head of exchange-traded products Michael Stanley and head of business development Hetil Patel, have left the organisation. An LSE spokesperson confirmed his departure but did not specify the timing.
As the exchange anticipates the May 28 launch of exchange-traded notes (ETNs) tied to bitcoin and ether, the departure of these key figures is notable.
WisdomTree, 21Shares, and Invesco are among the approved issuers for these new crypto ETNs. Although crypto-ETPs have been available in Europe for some time, UK regulatory hurdles previously prevented their listing in London until recent updates from the Financial Conduct Authority (FCA) in March.
An LSE spokesperson expressed optimism about the growth potential of these new cryptoETNs. Meanwhile, the LSE is actively seeking a new senior product manager for ETFs, with Patel indicating on LinkedIn his plans to start a new job at the end of July.
Trending
ShibaSwap Launch on Shibarium Sparks SHIB Price Rally
Impact on Operations and Competitive Landscape
According to Bloomberg data, the LSE currently lists about 1,200 ETFs. Recent departures have complicated the feedback process for technical issues related to new applications, as noted by a senior executive at one of the potential crypto ETP issuers.
This has introduced challenges in communication and clarity during the review process. In January, the US approved its first Bitcoin product, which has since accumulated $60 billion in assets, and the SEC recently approved the first US ETFs based on Ether.
An LSE spokesperson assured that their experts are working closely with issuers to meet the appropriate requirements for newly listed products.
The review process for crypto applications involves both the FCA and the LSE, with FCA-approved prospectuses and the LSE handling the listing. The UK market for crypto ETPs is becoming increasingly competitive, especially as the US market has already seen significant growth.
#Bitcoin❗ #EthereumETFApprovalExpectations #newscrypto $BTC $ETH
London Stock Exchange Group Plc has recently experienced significant change in its Exchange Traded Funds (ETF) team. The four-person team responsible for overseeing ETFs has been cut in half, down to just two members as the exchange prepares to list its first cryptocurrency-related products.
The cuts come at a critical time as the LSE prepares to introduce new offerings linked to digital currencies, highlighting the potential challenges in managing these new financial products with a decentralizing team.
Key Departures and Upcoming Crypto ETP Launches
Two prominent members of the LSE’s ETF team, head of exchange-traded products Michael Stanley and head of business development Hetil Patel, have left the organisation. An LSE spokesperson confirmed his departure but did not specify the timing.
As the exchange anticipates the May 28 launch of exchange-traded notes (ETNs) tied to bitcoin and ether, the departure of these key figures is notable.
WisdomTree, 21Shares, and Invesco are among the approved issuers for these new crypto ETNs. Although crypto-ETPs have been available in Europe for some time, UK regulatory hurdles previously prevented their listing in London until recent updates from the Financial Conduct Authority (FCA) in March.
An LSE spokesperson expressed optimism about the growth potential of these new cryptoETNs. Meanwhile, the LSE is actively seeking a new senior product manager for ETFs, with Patel indicating on LinkedIn his plans to start a new job at the end of July.
Trending
ShibaSwap Launch on Shibarium Sparks SHIB Price Rally
Impact on Operations and Competitive Landscape
According to Bloomberg data, the LSE currently lists about 1,200 ETFs. Recent departures have complicated the feedback process for technical issues related to new applications, as noted by a senior executive at one of the potential crypto ETP issuers.
This has introduced challenges in communication and clarity during the review process. In January, the US approved its first Bitcoin product, which has since accumulated $60 billion in assets, and the SEC recently approved the first US ETFs based on Ether.
An LSE spokesperson assured that their experts are working closely with issuers to meet the appropriate requirements for newly listed products.
The review process for crypto applications involves both the FCA and the LSE, with FCA-approved prospectuses and the LSE handling the listing. The UK market for crypto ETPs is becoming increasingly competitive, especially as the US market has already seen significant growth.
#Bitcoin❗ #EthereumETFApprovalExpectations #newscrypto $BTC $ETH
Show Me The Charts and I‘ll Tell You the News 👌
Exactly as expected, down to the finest details. I know my unique analysis approach is somewhat different, but it is effective.
$ETH #EthereumETFApprovalExpectations
#ETHETFsApproved #ETH🔥🔥🔥🔥
Exactly as expected, down to the finest details. I know my unique analysis approach is somewhat different, but it is effective.
$ETH #EthereumETFApprovalExpectations
#ETHETFsApproved #ETH🔥🔥🔥🔥
LIVECryptoMirc
--
$ETH
#AltSeasonComing
Observing the similarity in Ethereum's price action, particularly during the critical test of the $2650 support level and its vicinity, is essential. Ethereum is often regarded as a benchmark for the cryptocurrency market. This similarity underscores the importance of monitoring these areas and considering reinforcement at the lowest possible prices. If the trend continues as depicted in the chart, it suggests that the correction phase may be nearing its end, ushering in a new phase for the cryptocurrency market towards higher levels.
#AltSeasonComing
Observing the similarity in Ethereum's price action, particularly during the critical test of the $2650 support level and its vicinity, is essential. Ethereum is often regarded as a benchmark for the cryptocurrency market. This similarity underscores the importance of monitoring these areas and considering reinforcement at the lowest possible prices. If the trend continues as depicted in the chart, it suggests that the correction phase may be nearing its end, ushering in a new phase for the cryptocurrency market towards higher levels.
Bull run
Bear market
3 ημέρες που απομένουν
ETH tokens are now considered commodities
According to Odaily, Sui Chung, the CEO of CF Benchmarks, has stated in an interview that all regulatory precedents indicate that $ETH tokens should be classified as a 'commodity'. This statement comes amidst ongoing discussions about the nature and classification of various cryptocurrencies. Chung's assertion adds to the growing consensus among industry leaders about the status of ETH tokens. His comments are based on existing regulatory precedents, suggesting that the classification of ETH tokens as commodities is not a new concept, but rather a widely accepted view within the industry. However, it is important to note that the classification of cryptocurrencies can vary depending on the jurisdiction and the specific regulatory body involved. Therefore, while Chung's comments provide insight into one perspective, they do not necessarily represent a universally accepted viewpoint. This news highlights the ongoing debate about the nature of cryptocurrencies and their place within the global financial system. As the industry continues to evolve, the classification and regulation of cryptocurrencies like ETH will likely remain a topic of discussion.
#ETHETFsApproved #ETH #EthereumETFApprovalExpectations
According to Odaily, Sui Chung, the CEO of CF Benchmarks, has stated in an interview that all regulatory precedents indicate that $ETH tokens should be classified as a 'commodity'. This statement comes amidst ongoing discussions about the nature and classification of various cryptocurrencies. Chung's assertion adds to the growing consensus among industry leaders about the status of ETH tokens. His comments are based on existing regulatory precedents, suggesting that the classification of ETH tokens as commodities is not a new concept, but rather a widely accepted view within the industry. However, it is important to note that the classification of cryptocurrencies can vary depending on the jurisdiction and the specific regulatory body involved. Therefore, while Chung's comments provide insight into one perspective, they do not necessarily represent a universally accepted viewpoint. This news highlights the ongoing debate about the nature of cryptocurrencies and their place within the global financial system. As the industry continues to evolve, the classification and regulation of cryptocurrencies like ETH will likely remain a topic of discussion.
#ETHETFsApproved #ETH #EthereumETFApprovalExpectations
💥💥💥ETH ETF🔥🔥🔥 LITTLE CORRECTION BEFORE APPROVAL 💥💥💥
Relax Big Things are going to happen Today.
The dump you see here is just for correction before ETH ETF APPROVAL which we anticipate to happen today, be patient to see the price skyrocketing to the moon 🌑
Don’t miss out this opportunity to buy some ETHEREUM COINS😋📈
$ETH #EthereumETFApprovalExpectations
Relax Big Things are going to happen Today.
The dump you see here is just for correction before ETH ETF APPROVAL which we anticipate to happen today, be patient to see the price skyrocketing to the moon 🌑
Don’t miss out this opportunity to buy some ETHEREUM COINS😋📈
$ETH #EthereumETFApprovalExpectations
