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.
Browsing: Ethereum ETF
This announcement comes just a day after the U.S. House of Representatives passed the Financial Innovation and Technology for the 21st Century Act.
Traditionally, SEC requests for modifications precede approvals, indicating a possible shift in the agency’s stance towards crypto ETFs.
Consensys, a major player in the Ethereum ecosystem, has filed a lawsuit against the SEC, challenging Ethereum’s classification as a security. Ashton, Managing Partner at MohrWolfe, analyzes the legal battle shaping the crypto industry’s future and its implications for Ethereum’s legitimacy and regulatory clarity.
Explore the recent pullback in Bitcoin and its repercussions on the broader cryptocurrency market. Dive into the factors influencing investor sentiment, from the anticipated ‘halving bump’ to regulatory hurdles and macroeconomic indicators.
The city’s strategic pivot not only enhances its profile as an international financial hub but also sets a precedent for regulatory frameworks and market adaptations in the face of the expanding influence of Bitcoin and other digital assets.
Canada, Feb 26, 2021 /AlexaBlockchain/ – CI Global Asset Management has filed and obtained a receipt for a preliminary prospectus for CI Galaxy Ethereum ETF (“ETHX” or the “ETF”). When…