If approved, the ETF will be listed on the Cboe BZX Exchange under the ticker symbol “EZPZ.”
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Last month, the SEC returned the initial S-1 filings to the issuers with minor comments, a move that suggests a positive outlook towards the approval process. Konstantin Shulga, CEO and Co-founder of Finery Markets, breaks down what the impending SEC decision could mean for Ethereum and its classification as a commodity or security.
The success of the Bosera HashKey ETFs is underpinned by strategic partnerships with Bosera International and HashKey Exchange, alongside active regulatory engagement.
Crypto Market Maker GSR today published a report on Solana which predicts that a spot Solana ETF is ‘just a matter of time’.
Legislative shift and political support could pave the way for monumental price increases and establish Solana alongside major cryptos like Bitcoin and Ethereum.
ETH only accounted for 6.54% of institutional investors’ allocations before the Spot ETH ETFs were approved. However, that figure spiked to 14.29% since the approval.
“These new ETFs are designed to address the challenge of acquiring leveraged or short exposure to ether, which can be onerous and expensive,” states ProShares CEO Michael L. Sapir.
Ripple (XRP) is one of the few crypto tokens among the top 50 coins by market cap that hasn’t recorded any year-to-date (YTD) gain.
This surge in the crypto project’s popularity underscores a shift in investor’s sentiment towards greed, indicating a heightened interest in cryptocurrencies with high-profit potential.
ETFSwap (ETFS) was among the few crypto tokens that didn’t dip following the recent marketwide downtrend, which overwhelmed almost all coins, including Bitcoin (BTC).