$ETH Financial giant BlackRock late Wednesday amended its filing with the SEC for its proposed spot Ethereum exchange traded fund (ETF). The May 29 update for the iShares Ethereum Trust is the first tangible sign of progress toward the market availability of an ETH-based ETF since the bombshell approval of the new financial vehicle last week. âThis is almost certainly the engagement we were looking for,â observed Bloomberg ETF analyst James Seyffart on Twitter. âIssuers and SEC are working towards spot Ethereum ETF launches.â #Binance #Ethereum #nft #EthereumSignal #ETHETFsApproved
$ETH #Binance $ETH âGood sign. [Probably] see rest roll in soon.â Bloomberg ETF analyst Eric Balchunas said in a May 29 X post.
There will likely be another round to âfine tuneâ SEC comments, he added â but an âend of June launch [is] a legit possibility.â However, Balchunas kept his approval odds for around July 4, adding that an earlier approval would be a âlong shot.â
Bloomberg ETF analyst James Seyffart said BlackRockâs updated S-1 is âalmost certainly the engagement we were looking forâ as it shows âissuers and SEC are working towards spot Ethereum ETF launches.â
BlackRockâs amended S-1 gave information about its seed capital investor â the entity that allocates money to the fund so it can start trading.
BlackRock updated its Form S-1 for its spot Ether ETF, which analysts say is a âgood signâ that issuers and the SEC are working on ETF launches. United States spot EtherÂ ïżŒ$3,770 $ETH
 exchange-traded funds (ETFs) have a âlegit possibilityâ of launching by late June after BlackRock updated a key filing necessary for launch, according to analysts.
On May 29, BlackRock updated its Form S-1 for its iShares Ethereum Trust (ETHA) with the Securities and Exchange Commission nearly a week after the regulator approved its 19b-4 filing â both need approval for the ETF to start trading $ETH #Binance #Ethereum #Web3 #bitcoin #nft
Sol Solana has emerged as one of the most successful coins in the crypto industry. This token has surpassed several other tokens and is currently trading at a price level of US$165. This token is predicted to join the next ETF race, as predicted by analysts at Standard Chartered. This development is expected to help Solana gain significant traction in the near future.
According to CoinCodex, Solana may surge nearly 15% to trade within a price range of US$190 by June 2024. The current Solana price prediction shows that Solana price is expected to rise by 15.07% and reach US$190.50 on June 26, 2024. Based on the indicator Our technical, current sentiment is bullish, while the Fear & Greed Index is showing 74 (greed). Solana recorded 14/30 (47%) green days with price volatility of 9.92% over the last 30 days.$SOL
Additionally, this token could also increase by 139% by the end of 2024 if it manages to weather the current bull market.
âSolana is expected to trade in the range of US$161.59 and US$396.46. If it reaches the upper price target, SOL could increase by 139.08% and reach US$396.46.â
XRP/USD The price of XRP has dropped by 0.28% over the last 24 hours.
On the hourly chart, the rate of XRP is trying to return to the local resistance level of $0.5325. If buyers manage to do that, there is a chance to expect a breakout to the $0.54 zone
On the bigger time frame, the situation is almost unchanged as none of the sides has seized the initiative yet.
The price of Bitcoin (BTC) has remained unchanged over the last day. The rate of BTC is rather bearish as it is near the local support level of $67,556. If buyers cannot seize the initiative until the end of the day, the accumulated energy might be enough for a breakout, followed by a move to $67,000. On the bigger time frame, the price of the main crypto keeps falling. At the moment, one should focus on yesterday's bar's low. #Binance #BTC #bitcoin #nft #Web3 $BTC
#Web3 $ETH $BTC #Binance #Ethereum #BTC #nft am at 08:00 WIB Bitcoin (BTC) perches at $68,558 weakening 0.19%. Meanwhile, Ethereum (ETH) fell 0.36% to $3,849. Meanwhile, the total market capitalization of Crypto Assets stands at $2.5 Trillion down 1.00% in the last 24 hours. Bitcoin has tended to move sideways throughout the last 5 days leading up to the close of May on Friday (31/5) and since May 1 Bitcoin has experienced an increase of more than 12%. Meanwhile, apart from celebrating Bitcoin Pizza Day on May 22, last week there was another important decision in the Crypto Asset industry from the SEC approving the submission of 8 spot Ethereum ETF applications in the United States (US) on May 23, 2024
$BTC $BTC #Binance #BTC Currently, BTC is trading around $67,200 on Binance. After a period of consolidation, there are strong indications that BTC is preparing for a significant move.
Today's Prediction:
We expect BTC to experience moderate gains, reaching the $68,000 to $69,500 range
BTC is showing a bullish pattern on the daily chart with a candlestick formation indicating a potential breakout from the previous resistance level. The RSI indicator also shows that BTC has not yet reached overbought conditions, giving room for further gains.