(Bloomberg) — Bitcoin’s performance is starting to be overshadowed by the Ether and Solana tokens as hype around US cryptocurrency exchange-traded funds shifts to the two smaller digital assets. Most Read from Bloomberg Solana surged the most in over a month on Thursday after fund manager VanEck filed an application to start an ETF for […]
Crypto Market Braces for Volatility as $10B in Bitcoin and Ether Options Set to Expire Bitcoin (BTC) options worth $6.68 billion and Ethereum (ETH) options worth $3.5 billion are slated to expire on Deribit, the leading crypto derivatives exchange, this Friday at 8AM UTC. This impending expiry represents over 40% of the current cumulative open […]
Crypto majors such as SOL, AVAX, APT, SUI saw 40% to 70% corrections over the past months, weighing on altcoin sentiment, while BTC and ETH are down only 15% from their yearly highs. Venture funds are under pressure to sell tokens to realize profits on their investments made in the past years, Markus Thielen noted. […]
Key documents for the proposed ether exchange-traded funds (ETF) were approved suddenly and unexpectedly. The surprise approval and passage of FIT21 in the House indicate how crypto has become an election issue. Ark will not make money from its bitcoin ETF. AUSTIN, TX — ARK Invest CEO Cathie Wood said crypto is now a U.S. […]
(Bloomberg) — Bets on more Ether gains are intensifying following a surprise US regulatory pivot toward allowing exchange-traded funds for the digital asset, even as questions swirl about the strength of demand for the products. Most Read from Bloomberg The shift by the US Securities & Exchange Commission catalyzed a 26% jump in the second-largest […]
Bitcoin (BTC) and ether (ETH) prices declined in the past 24 hours, despite several ether exchange-traded funds being granted approval to list in the U.S. The ether price, which was up more than 20% in the past week, fell 4% after the approval, which became a “sell the news” event. Traders say they expect a […]
Crypto prices endured wild swings on Thursday as traders anxiously awaited a U.S. regulatory decision to list spot-based ether exchange-traded funds. Read more: Ether ETFs Clear Major Hurdle, Though SEC Hasn’t Cleared Them for Trading Yet Within a nerve-wracking hour leading up to the eventual approval, ETH first tumbled to $3,500 at around U.S. traditional […]
After spot bitcoin (BTC-USD) ETFs proved their mettle on Wall Street this year, the Securities and Exchange Commission (SEC) may now be considering the approval of an ether(ETH-USD) ETF. Yahoo Finance Contributor and Maconomics Founder Ross Mac talks about the increased accessibility of crypto assets to more traditional investors wishing to get exposure on digital […]
Renewed hopes for U.S.-listed ether ETFs drive the crypto market higher and liquidate bearish short positions. Bloomberg analysts raised the approval odds to 75%, boosting market sentiment. Bitcoin {{BTC}} surged over $71,000 early Tuesday, its highest since early April, as ether surged over 19% to $3,700 after Bloomberg analysts raised the probability that spot ETH […]
LONDON (Reuters) – Ether was set for its largest two-day gain in nearly two years and bitcoin approached a record high on Tuesday on speculation about the outcome of applications for U.S. spot exchange-traded funds that track the world’s second-biggest cryptocurrency. Ether, which underpins the ethereum blockchain network, was 4.4% higher on the day at […]
The U.S. Securities and Exchange Commission (SEC) asked aspiring ether exchange-traded fund exchanges to update 19b-4 filings ahead of a key deadline this week. The SEC had previously been expected to reject the ether ETF filings, and while there’s no guarantee of approval, the move suggests progress is being made. The exchanges that want to […]
Already modestly higher during U.S. trading hours Monday, the price of ether {{ETH}} jumped more than 10% after two well-followed Bloomberg ETF analysts greatly upped their odds of the U.S. Securities and Exchange Commission approving spot ETH ETFs. “James Seyffart and I are increasing our odds of spot Ether ETF approval to 75% (up from […]