Bloomberg analyst #EricBalchunas noted that the #SEC did not comment on the #Ethereum spot #ETF application, unlike the case of #Bitcoin .
The weaker correlation between Ethereum spot and future ETFs suggests a less favorable outlook.

#HotTrends

🚨 **Media Clarification Alert** 🚨
Bloomberg ETF analyst, Eric Balchunas, highlights potential miscommunication in recent news. Mentioning its broadcast on Benzinga and Bloomberg terminals, he states, "It's my personal opinion, but it seems Reuters' report last week on 'SEC gives up on appeal against Grayscale' has transformed into news of BlackRock's spot ETF launch approval." He underscores the importance of verifying news from clear sources.
Always double-check news for authenticity!
#Bloomberg #ETF #EricBalchunas #MediaClarification #CryptoNews

🚨 **Media Clarification Alert** 🚨
Bloomberg ETF analyst, Eric Balchunas, highlights potential miscommunication in recent news. Mentioning its broadcast on Benzinga and Bloomberg terminals, he states, "It's my personal opinion, but it seems Reuters' report last week on 'SEC gives up on appeal against Grayscale' has transformed into news of BlackRock's spot ETF launch approval." He underscores the importance of verifying news from clear sources.
Always double-check news for authenticity!
#Bloomberg #ETF #EricBalchunas #MediaClarification #CryptoNews

🔍 **Attention to Detail in News** 🔍
Bloomberg's ETF analyst, Eric Balchunas, brings attention to a potential news discrepancy. With reference to broadcasts on both Benzinga & Bloomberg terminals, he speculates that last week's Reuters report regarding 'SEC's decision on Grayscale' might have been mistaken for BlackRock's spot ETF approval. The emphasis is laid on the necessity of news validation from trustworthy outlets.
Stay informed, but ensure the reliability of the source!
#Bloomberg #ETFNews #EricBalchunas #NewsInsight #CryptoUpdates

#EricBalchunas
Sent from one of the issuers, ChinaAMC.. others to report in next few hours we hope

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