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Ethereum ETF launch: Is Your Bitcoin ETF Profit at Risk?BTC Holders Beware: ETH ETF Changes the Game! The US #cryptocurrency landscape is gearing up for another seminal moment. Volatility Shares, a major player in the ETF realm, has declared its plan to roll out the Ether Strategy ETF (ETHU) come October 12, 2023. If everything aligns, this may mark the debut of the first ether-based ETF in the United States. This move by Volatility Shares revolves around the cash-settled Ethereum futures contracts listed on the CBOE. The Fund has explicitly chosen to steer clear of direct Ether investments. As cited from the SEC document, "The Fund does not invest directly in ether.” Stuart Barton, Volatility Shares CIO, conveyed his bullish outlook. Reflecting on the success of their first 2x bitcoin-linked ETF (BITX) in July, he remarked that he anticipates a similar sentiment for ETHU, hinting that a dive into the spot market could be their subsequent step. Bloomberg's senior ETF analyst, Eric Balchunas, seemed slightly audacious regarding the aggressive timeline Volatility Shares is aiming for. He noted the similarities between this launch and the previous BITX, saying, “He’s probably pushing the envelope like he did with BitX.” However, the green light from the SEC is still pending, despite 13 leading financial entities, including the likes of Bitwise, VanEck, Wakiri, RobHill, ProShares, and Grayscale, all jostling for their Ethereum Futures ETFs' approval. Drawing parallels from the past, the inaugural #Bitcoinbangladesh futures ETF in the US was launched almost around the same time in October 2021. ProShare had the advantage of the first-mover effect and subsequently saw significant contributions to their Bitcoin Futures ETF. Will Ether follow suit? The BTC bull run of 2021 gives us some clues. Bitcoin surged by 60% in the lead-up to its futures ETF's introduction. Although a correction followed, it was temporary before surging again to new highs. There's palpable anticipation around how ETH's price will react to this launch. The current landscape is markedly different from 2021. BTC was in a bull cycle then, whereas the crypto space now is in somewhat of a lull. Yet, it’s undeniable that the Ethereum Futures ETF could be the spark ETH needs. Currently, ETH is hovering around $1,826, just over the critical 38.2% Fibonacci retracement level. The crypto arena is no stranger to significant shifts, and the Ethereum Futures ETF promises to be another pivotal moment. Given Bitcoin's response in 2021, one could assume a similar rally for ETH. However, the existing market stagnation does provide some hesitation. Investors torn between Bitcoin and Ethereum ETFs might lean towards the latter for its novelty and potential first-mover returns. Still, with uncertainty a constant companion in the crypto world, only time will truly reveal which ETF becomes the investors' darling.

Ethereum ETF launch: Is Your Bitcoin ETF Profit at Risk?

BTC Holders Beware: ETH ETF Changes the Game!

The US #cryptocurrency landscape is gearing up for another seminal moment. Volatility Shares, a major player in the ETF realm, has declared its plan to roll out the Ether Strategy ETF (ETHU) come October 12, 2023. If everything aligns, this may mark the debut of the first ether-based ETF in the United States.

This move by Volatility Shares revolves around the cash-settled Ethereum futures contracts listed on the CBOE. The Fund has explicitly chosen to steer clear of direct Ether investments. As cited from the SEC document, "The Fund does not invest directly in ether.”

Stuart Barton, Volatility Shares CIO, conveyed his bullish outlook. Reflecting on the success of their first 2x bitcoin-linked ETF (BITX) in July, he remarked that he anticipates a similar sentiment for ETHU, hinting that a dive into the spot market could be their subsequent step.

Bloomberg's senior ETF analyst, Eric Balchunas, seemed slightly audacious regarding the aggressive timeline Volatility Shares is aiming for. He noted the similarities between this launch and the previous BITX, saying, “He’s probably pushing the envelope like he did with BitX.”

However, the green light from the SEC is still pending, despite 13 leading financial entities, including the likes of Bitwise, VanEck, Wakiri, RobHill, ProShares, and Grayscale, all jostling for their Ethereum Futures ETFs' approval.

Drawing parallels from the past, the inaugural #Bitcoinbangladesh futures ETF in the US was launched almost around the same time in October 2021. ProShare had the advantage of the first-mover effect and subsequently saw significant contributions to their Bitcoin Futures ETF. Will Ether follow suit? The BTC bull run of 2021 gives us some clues. Bitcoin surged by 60% in the lead-up to its futures ETF's introduction. Although a correction followed, it was temporary before surging again to new highs.

There's palpable anticipation around how ETH's price will react to this launch. The current landscape is markedly different from 2021. BTC was in a bull cycle then, whereas the crypto space now is in somewhat of a lull. Yet, it’s undeniable that the Ethereum Futures ETF could be the spark ETH needs. Currently, ETH is hovering around $1,826, just over the critical 38.2% Fibonacci retracement level.

The crypto arena is no stranger to significant shifts, and the Ethereum Futures ETF promises to be another pivotal moment. Given Bitcoin's response in 2021, one could assume a similar rally for ETH. However, the existing market stagnation does provide some hesitation. Investors torn between Bitcoin and Ethereum ETFs might lean towards the latter for its novelty and potential first-mover returns. Still, with uncertainty a constant companion in the crypto world, only time will truly reveal which ETF becomes the investors' darling.
Todays crypto news. 🌍 Musk said Tesla will invest approximately US$10 billion in artificial intelligence this year. 🌍 The amount of Bitcoin pledged in Solv Protocol exceeded 10.000. and the total locked value exceeded US$710 million. 🌍 Ethereum price rises 6%, but faces major resistance and legal challenges. 🌍 Cardano may be seriously undervalued, with a supply margin of only 51.9% 🌍 Binance has deposited more than 18.61 million BNB and 3.57 billion FDUSD in this new currency mining period. #bitcoinhalving #Bitcoin_Bangla #Bitcoinbangladesh $BTC $PEPE $ETHFI
Todays crypto news.

🌍
Musk said Tesla will invest
approximately US$10 billion in
artificial intelligence this year.

🌍
The amount of Bitcoin pledged
in Solv Protocol exceeded 10.000.
and the total locked value
exceeded US$710 million.

🌍
Ethereum price rises 6%, but
faces major resistance and legal
challenges.

🌍
Cardano may be seriously
undervalued, with a supply margin
of only 51.9%

🌍
Binance has deposited more
than 18.61 million BNB and 3.57
billion FDUSD in this new currency
mining period.
#bitcoinhalving
#Bitcoin_Bangla
#Bitcoinbangladesh

$BTC $PEPE $ETHFI
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Bearish
!!! Warning ⚠️ trading is not a child's play! This is not a place for fun or your emotions. this is not for bating,or getting online loan or playing casino . I assure you that in trading you cannot be a millionaire in one day but you can become a homeless guy within a hour.BitcoinBangla. So trade carefully and be brave .Keep a faith in yourself and do some research before you invest all the hard earned money of your life. #Bitcoinbangladesh #BitcoinBangla #BTC🔥🔥🔥🔥🔥🔥 $BTC $PEPE $BNB
!!! Warning ⚠️
trading is not a child's play!
This is not a place for fun or your emotions. this is not for bating,or getting online loan or playing casino .

I assure you that in trading you cannot be a millionaire in one day but you can become a homeless guy within a hour.BitcoinBangla.

So trade carefully and be brave .Keep a faith in yourself and do some research before you invest all the hard earned money of your life.
#Bitcoinbangladesh
#BitcoinBangla
#BTC🔥🔥🔥🔥🔥🔥
$BTC
$PEPE
$BNB
,🤔Do you happen to know who holds the largest amount of bitcoins? 🚨Satoshi Nakamoto:🚨 Reportedly possesses approximately 1.1 million BTC, worth $47 billion as of February 2024. Nakamoto is credited as the creator of Bitcoin and has mined over 22,000 blocks since January 3rd, 2009. ,🚨Tyler and Cameron Winklevoss:🚨 Own an estimated 70,000 BTC, after investing roughly $11 million in Bitcoin. 🚨Tim Draper:🤔 Originally bought 40,000 BTC, but lost them in a hack. Later obtained 29,656 Blu for $18.7 million. 🚨Michael Saylor:🚨 Disclosed ownership of 17,732 BTC in October 2020, with potential for further acquisitions.#Write2Earn #TrendingTopic #BTC #Bitcoinbangladesh
,🤔Do you happen to know who holds the largest amount of bitcoins?

🚨Satoshi Nakamoto:🚨

Reportedly possesses approximately 1.1 million BTC, worth $47 billion as of February 2024.
Nakamoto is credited as the creator of Bitcoin and has mined over 22,000 blocks since January 3rd, 2009.

,🚨Tyler and Cameron Winklevoss:🚨

Own an estimated 70,000 BTC, after investing roughly $11 million in Bitcoin.

🚨Tim Draper:🤔

Originally bought 40,000 BTC, but lost them in a hack. Later obtained 29,656 Blu for $18.7 million.

🚨Michael Saylor:🚨

Disclosed ownership of 17,732 BTC in October 2020, with potential for further acquisitions.#Write2Earn #TrendingTopic #BTC #Bitcoinbangladesh
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Bullish
💥Which country are you from write down in the comments👇🏻👇🏻👇🏻 ✨Here are the top nations by cryptocurrency India🇮🇳: Over 100 million people in India own cryptocurrencies, making it the country with the most cryptocurrency owners, according to Triple-A. United States🇺🇸: China, Russia, Nigeria, and the EU are the next five countries with the most #BTC trading volume on exchanges. Russia🇷🇺: With 11.91% of the population owning cryptocurrencies, Russia has the second-highest percentage of cryptocurrency owners. Ukraine🇺🇦: 12.73% of the people there own cryptocurrencies, making it a country with a significant cryptocurrency ownership rate. Kenya🇰🇪: With 8.52% of the population owning cryptocurrencies, Kenya has a high cryptocurrency ownership rate. Pakistan🇵🇰: With 26 million cryptocurrency owners, Pakistan has a large #crypto market. Nigeria🇳🇬: 22 million people in Nigeria currently own cryptocurrencies, making it a country with a large #trading database. Vietnam🇹🇷: 20 million people in Vietnam are cryptocurrency owners, making it a country with a large cryptocurrency market. Indonesia🇲🇨: A large portion of the population in Indonesia owns cryptocurrency, making it a country with a high number of cryptocurrency holders. Argentina🇦🇷: With a sizable portion of the population owning cryptocurrencies, Argentina has a high number of cryptocurrency users #bitcoinhalving #BitcoinBangla #Bitcoinbangladesh $BTC $BNB $PEPE
💥Which country are you from write down in the comments👇🏻👇🏻👇🏻

✨Here are the top nations by cryptocurrency
India🇮🇳: Over 100 million people in India own cryptocurrencies, making it the country with the most cryptocurrency owners, according to Triple-A.

United States🇺🇸: China, Russia, Nigeria, and the EU are the next five countries with the most #BTC trading volume on exchanges.

Russia🇷🇺: With 11.91% of the population owning cryptocurrencies, Russia has the second-highest percentage of cryptocurrency owners.

Ukraine🇺🇦: 12.73% of the people there own cryptocurrencies, making it a country with a significant cryptocurrency ownership rate.

Kenya🇰🇪: With 8.52% of the population owning cryptocurrencies, Kenya has a high cryptocurrency ownership rate.

Pakistan🇵🇰: With 26 million cryptocurrency owners, Pakistan has a large #crypto market.

Nigeria🇳🇬: 22 million people in Nigeria currently own cryptocurrencies, making it a country with a large #trading database.

Vietnam🇹🇷: 20 million people in Vietnam are cryptocurrency owners, making it a country with a large cryptocurrency market.

Indonesia🇲🇨: A large portion of the population in Indonesia owns cryptocurrency, making it a country with a high number of cryptocurrency holders.

Argentina🇦🇷: With a sizable portion of the population owning cryptocurrencies, Argentina has a high number of cryptocurrency users
#bitcoinhalving
#BitcoinBangla
#Bitcoinbangladesh
$BTC $BNB $PEPE
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