Ethereum (ETH)

As early as Monday, Hong Kong is set to greenlight the launch of new exchange-traded funds (ETFs) that will directly invest in Bitcoin and Ether. This major development involves key financial players, such as an international branch of China’s Harvest Fund Management Co. and a partnership between Bosera Asset Management (International) Co. and HashKey Capital. […]

The le­gal status of Ethereum, the se­cond most valuable cryptocurrency, has bee­n debated exte­nsively. However, recent circumstances indicate Ethereum may e­vade being dee­med security by the U.S. Se­curities and Exchange Commission (SEC), a classification with significant regulatory implications. This optimistic perspe­ctive arises from a confluence of factors, with a key element being Lido Finance’s decre­asing […]

BlackRock remains hopeful about an Ethereum exchange-traded fund (ETF) hitting the market, even if regulators classify Ethereum as a security rather than a commodity. Larry Fink, the CEO, voiced this confidence as the Securities and Exchange Commission nears its May deadline to decide on applications from eight issuers seeking approval for such an ETF product. […]

As per the recent SEC filings, Fidelity has made the critical form submission of Form S-1 with the United States Securities and Exchange Commission (SEC) seeking consent to offer a spot Ethereum exchange-traded fund (ETF) with staking features. This registration is Fidelity’s first for the Ethereum ETF product. This was confirmed by Bloomberg analyst James […]

The Securities and Exchange Commission (SEC) has postponed its decision to approve the Hashdex Nasdaq Ethereum (ETH) exchange-traded fund (ETF). If approved, the Hashdex ETF will hold spot Ether and futures contracts. In a notice filed on Tuesday, the SEC stated that it would extend its decision deadline to May 30, 2024. The SEC explained, […]

Grayscale Investments, the world’s largest crypto asset manager, is seeking to introduce staking to its proposed spot Ethereum (ETH) exchange-traded fund (ETF), according to a preliminary proxy statement filed on March 19. This move mirrors efforts by other firms, like Fidelity, which amended its spot ETH ETF application on March 18 to include staking services. […]

The price of Ethereum (ETH) soared past $3,000 on Tuesday. This marked the first time either crossed this key psychological level since April 2022. The second-largest crypto by market cap continued its remarkable recent hot streak. Ether’s price climbed from $2,881 on February 19, surging more than 4% over the last 24 hours. It hit […]

Dogecoin (DOGE) was once celebrated for its unexpected rise from a meme to a major digital asset. However, it has now fallen out of the top 10 cryptocurrencies by market capitalization, according to data from CoinMarketcap. This development comes as Chainlink (LINK) ascends into the top 10. It reflected the dynamic and ever-changing landscape in […]

BitMEX co-founder Arthur Hayes recently predicted that Bitcoin prices would go under $35,000. The nearing quarterly refunding statement of the U.S. Treasury and a long-term target of up to $5,000 in Ethereum (ETH) and $200 in Solana (SOL) have combined for the shift in sentiment. On January 22, the billionaire and co-founder of the crypto […]