The SEC plans to make its decision by the end of May, after deferring to review the Ethereum Spot ETF. Companies like BlackRock, Fidelity, and VanEck have expressed interest in Ethereum products this year, but some applicants are unsure the SEC will approve.
“We were the first company to apply for Ethereum in the US and most likely we will be rejected in May,” VanEck CEO Jan van Eck told CNBC at the Paris Blockchain Week event in France. He also noted that the legal process involves commenting on applications, and this process occurs weeks before Bitcoin ETFs are approved. Currently, “there is complete silence about Ethereum,” he added.
However, there has been growing excitement from the crypto community for an ETH ETF, especially since the SEC approved the first spot Bitcoin ETFs in January. The price of ETH rose last week on hopes that the SEC would approve an ETH-backed ETF.
However, the US regulator has signaled that it is reluctant to approve such an investment product. SEC Chairman Gary Gensler has previously emphasized that “the vast majority of crypto assets are investment contracts and are therefore subject to federal securities laws.” This poses challenges for an ETH ETF.
“We are following the Ethereum decision very closely,” CoinShares CEO Jean-Marie Mognetti told CNBC. “CoinShares did not join the race for a Bitcoin ETF, but we got ourselves approved at the last minute.”
PLEASE READ CAREFULLY FOR THE GIFT OF 10 DOLLARS.
My friends, you know that we, the publishers, are doing everything we can for you here. We are informing you about the services and facilities offered to us by our authorities. I have never stopped supporting both the Cryptocurrency market and you as much as I could, and on the contrary, I am trying to provide more support.
THIS 10 DOLLAR GIFT CAMPAIGN IS A CAMPAIGN MADE SPECIALLY FOR ME BY BINACE. YOU CAN GET CONFIRMATION ABOUT THIS BY CONTACTING LIVE HELP. THIS IS A 10 DOLLAR CAMPAIGN MADE TO YOU THROUGH ME.
Now I will tell you how to receive your gift. First of all, Binance users who have registered with someone's reference and actively use futures transactions will unfortunately not be able to benefit from this promotion.
So who will benefit?
Our friends who have not activated the futures section yet, while activating your FUTURES trading section, you will earn 10 dollars when you open it by entering my reference code 88623008.
I EXPLAIN IN DETAIL.
My brothers and sisters who have become a Binance member without reference, please listen carefully;
When you do what I say, you will receive 10 USDT.
Enter the Futures Section from your application,
On the next screen, open your account by entering the code 88623008 in the REFERENCE CODE section,
My brothers and sisters who want to complete this transaction and receive the 10 USDT reward by MAY 1 can do so. After activating your account, all you have to do is open your first futures transaction.
The first 1,000 brothers to open a 200 USDT transaction by MAY 1 will receive a 10 USDT reward.
So let me give you a tactic like this: Even if you open and close 20x with a $5 transaction, you will be entitled to the reward.
However, even if you do this after May 1, your reward will not come. So get it done by May 1st. In fact, right now I say you can fix it in 5 seconds.
Very simple. Go to Futures, enter my reference code 88623008 and activate the account. Afterwards, just open a total of 200 USDT transactions and get 10 USDT reward.
WHEN WILL THE AWARD COME?
Your 10 dollar reward will arrive in the REWARDS section of your Binance application within 30 days, starting from May 1st. By activating it from there, you can use your reward of 10 dollars, or more than 300 liras, in futures transactions.
You can help your friends in need by sharing this post.
BY THE WAY, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. DON'T FORGET TO FOLLOW IF YOU HAVE NOT FOLLOWED YET. KIND REGARDS.
