Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ALTCOIN NEWS»SEC approves the Ethereum ETF optional transaction -all details here
ALTCOIN NEWS

SEC approves the Ethereum ETF optional transaction -all details here

By Crypto FlexsApril 10, 20253 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
SEC approves the Ethereum ETF optional transaction -all details here
Share
Facebook Twitter LinkedIn Pinterest Email
  • Second GreenLighted options for secblock, Fidelity and Bitwise Spot ETF.
  • The agency mentioned that in May or August, the Bloomberg analyst could approve the steak for the product.

Us Securities and Exchange Commission (Sec) has approved the optional transaction. Ether Leeum (ETH) ETF. Agency Green light Optional transactions for Blackrock’s Etha, Bitwise ‘s Bitw and Fidelity’s Fetr.

According to the NATE GERACI of the ETF store, updates can attract more ethical investments. that famous,,,

“SEC, like BTC ETF, has approved the optional transactions for SPOT ETFs, like the BTC ETF, there is a lot of new launches from the publisher.

ETH price impact assessment

But despite the positive update, Bloomberg analyst James Seyffart says the result is the result.100% estimated‘This is because it is the deadline for the SEC decision. In short, ETH has resulted in a price.

But he addition Steaks for this product can be approved by early May or August despite the October deadline.

“They can be approved early, but the final deadline is at the end of October.”

Most experts Anticipated In particular, staying approval for ETH demand and value from institutional investors who pursue annual returns of 3%.

In fact, some analysts believed that the Staying shortage was partially criticized for the lukewarm performance of SPOT ETF ETF compared to BTC ETF.

Since its debut, the product has recorded $ 2.3B of cumulative inflow. But SPOT BTC ETF recorded $ 35B of total inflow. This is the 17x performance of BTC ETF.

In other words, ETH increased from +10%to $ 1400 to $ 1600 on April 9. This led to the suspension of the 90 -day tariffs of President Donald Trump. Therefore, the approval of the option was not a key catalyst for the price increase.

Nevertheless, as revealed by the new best of social scale in April, there was a surge in ALTCOIN’s market interest.

ETF

Source: Santiment

But the emotion was still negative to lead sustainable recovery for ETH. In the four -hour price chart, ETH had a strong RSI divergence, which showed that the possibility of recovery was noticeable.

However, the amount of exercise was confirmed only when the balanced volume (OBV) removed overhead obstacles (trend line resistance).

ETFETF

Source: ETH/USDT, TradingView

In conclusion, ETH Price can be stalled near 50ema ($ 1600) in the short term, as in the last few days.

However, if the volume is improved than the decisive movement and obstacles, it can be more high. But long -term recovery depends on positive macro shifts and ETF staying approval.

Next: Solana Whale off -road offroads $ 10.7m in SOL at $ 192m Vault -Is the investor in Edge?

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

SEI tokens have soared more than 100% in June -the highest catalyst explained.

June 26, 2025

$ 438m XRP Transfer Sparks Panic- Ripple?

June 19, 2025

Solana Price Eyes 103% Rally $ 300: Here is the reason.

June 12, 2025
Add A Comment

Comments are closed.

Recent Posts

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025
Most Popular

A cryptocurrency analyst says one Solana rival is ready to take things to the next level, and outlines the future path for Phantom and the NEAR protocol.

November 30, 2024

Bitcoin (BTC) soared past $82,000 as investor interest rose again.

November 12, 2024

Why is the graph price rising today?

May 23, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.