Cboe BZX filed a 19-b4 amendment involving five Ethereum ETFs on May 21, significantly increasing each fund’s chances of approval. The news coincided with a sudden spike in odds for Polymarket, which reported a 70% chance of approval by May 31. This is up from 10% just a few hours ago. Bloomberg ETF analyst James Seyffart I left a comment. Regarding the development, the filing said it corroborates previous rumors and speculations. He acknowledged that each applicant is “still a long way from market” because the SEC still has to issue an approval order for the 19b-4 filing and S-1…
Author: Crypto Flexs
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Global investment manager VanEck’s U.S. spot Ethereum exchange-traded fund has been added to the list of ETFs on the Depository Trust and Clearing Corporation website. DTCC is a post-trade customs clearance, settlement, storage and information services provider. Nasdaq.However, the listing is part of the preparatory process and does not mean the company’s Ether ETF has fully launched as the fund is still awaiting regulatory approval from the U.S. Securities and Exchange Commission. Under inclination In the Creation/Redemption column, VanEck’s Spot Ether ETF is marked with an “N”, which may mean it is not yet active. “This file contains both active…
A widely respected cryptocurrency strategist says a certain group of altcoins stand to benefit massively from the acceptance of the spot market Ethereum (ETH) exchange-traded fund (ETF). Pseudonymous analyst DonAlt told his 554,400 followers on social media platform “Think of the ETH ETF taking a significant bid away from BTC. Think ETH ETF will lead to ETH rising which will lead to more foolishness in the market. “I think this is fundamentally good news for ETH alternatives, but considering they have been depressed for so long that they are very cheap, there is a lot of value in them.” Yesterday,…
Ethereum price expanded its gains and tested $3,840. ETH is maintaining its upward trend and appears to be targeting a move towards the $4,000 level. Ethereum began a new rally, trading above the $3,750 resistance zone. The price is trading above $3,700 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a short-term bullish trendline forming with support at $3,710. Unless a break occurs below the $3,380 support, the pair may continue to rise. Ethereum Price Eyes Additional Profits Ethereum price began a new surge following reports of heightened expectations for the ETH…
join us telegram A channel to stay up to date on breaking news coverage Crypto Boy gives his honest thoughts on Mega Dice, Solana’s online gambling platform that recently launched a cryptocurrency pre-sale for its own token, $DICE. The $DICE cryptocurrency is gaining a lot of attention and has now surpassed $1 million in pre-sales that began a little over a month ago. Due to the high demand for this new cryptocurrency and the rapid growth of Mega Dice casinos, some experts suggest that the value of $DICE could grow by as much as 100 times. Mega Dice SOL GameFi…
Uniswap Labs Responds to SEC Notice Uniswap Labs, creator of the Uniswap protocol, responded publicly to Wells’ notice from the U.S. Securities and Exchange Commission (SEC) last month. According to a blog post on Uniswap’s website, the company expressed its belief that the SEC should embrace open source technologies that improve outdated commercial and financial systems rather than filing lawsuits. SEC’s claims Uniswap Labs refutes the SEC’s aggressive theory of what it sees as an attempt to expand the commission’s jurisdiction beyond telecommunications technology exchanges and beyond securities to all markets. The company argues that…
join us telegram A channel to stay up to date on breaking news coverage The market has witnessed several moves, and the much-anticipated decision on the first wave of spot Ethereum ETFs is getting closer. Hoping for a green light on the situation, investors are looking for cryptocurrencies that can capitalize on the expected uptrend. In light of this, New cryptocurrency launches, listings, pre-sales It’s flooding the market. This article reviews the token, covering its features, utility, and market viability. New cryptocurrency launches, listings and pre-sales today RunesBridge pioneers blockchain interoperability by developing a bridge that connects the Ethereum Virtual…
Axelar adds interoperability to Rollkit, providing interconnectivity to thousands of blockchains built with Celestia Underneath – Chainwire housenewsroomAxelar adds interoperability to Rollkit, providing interconnectivity to thousands of blockchains built with Celestia Underneath. We use cookies to make Chainwire’s website a better experience. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage…
One of the latest ideas that has come to recently achieve some prominence in parts of the Bitcoin community is the line of thinking that has been described by both myself and others as “Bitcoin dominance maximalism” or just “Bitcoin maximalism” for short – essentially, the idea that an environment of multiple competing cryptocurrencies is undesirable, that it is wrong to launch “yet another coin”, and that it is both righteous and inevitable that the Bitcoin currency comes to take a monopoly position in the cryptocurrency scene. Note that this is distinct from a simple desire to support Bitcoin and…
Exchange CboeBZX has amended its Form 19b-4 filings for five proposed spot Ethereum exchange-traded funds, indicating that potential approval for those funds could be imminent.Cboe BZX filed an amended Form 19b-4s late Tuesday. Franklin Ethereum Trust, Fidelity Ethereum Fund, VanEck Ethereum Trust, Invesco Galaxy Ethereum ETF and ARK 21Shares Ethereum ETF.Corrected documents will be provided as exchanged. According to reports The SEC requested amendments to 19b-4 earlier this week. Form 19b-4 is filed to notify the SEC of proposed rule changes and is one of the documents that will require the agency’s approval before a spot ether ETF can go…