Grayscale’s Bold $5,000,000,000 ETF Move Signals Confidence in Ethereum’s Future

2023-10-2 16:33

According to top crypto analyst Crypto Rover, Grayscale’s recent filing to convert its $5 billion Ethereum private trust (ETHE) into a spot ETF is hugely bullish for Ethereum.

We’ve already seen the major impact a Bitcoin ETF has had on that market. However, with Ethereum’s much smaller $200 billion market cap, an ETF could have an even bigger relative effect.

The recent approval of a similar Ethereum futures ETF makes it likely the SEC will approve this new spot ETF application as well. The door seems open for spot Ethereum ETFs.

In addition, other major firms like VanEck have already launched Ethereum futures ETFs. BlackRock is also rumored to be looking at launching a spot ETF.

With all these major finance players entering the Ethereum ETF space, Crypto Rover sees this as an extremely bullish overall sign for Ethereum moving forward. The floodgates for institutional Ethereum investment appear to be opening.

We recommend eToro 74% of retail CFD accounts lose money. Visit eToro Now Active user community and social features like news feeds, chats for specific coins available for trading.
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
eToro offers staking for certain popular cryptocurrencies like ETH, ADA, XTZ etc.

The post Grayscale’s Bold $5,000,000,000 ETF Move Signals Confidence in Ethereum’s Future appeared first on CaptainAltcoin.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

EthereumFog (ETF) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 ETF

etf ethereum grayscale crypto hugely bullish seen

Источник: captainaltcoin.com

etf ethereum → Результатов: 126


Фото:

Фондовая биржа Торонто запустила торги ETF на базе Ethereum

Во вторник, 20 апреля, Purpose Ether ETF, CI Galaxy Ethereum ETF и Evolves Ether ETF начали торговаться на фондовой бирже Торонто (TSX). 16 апреля канадские регуляторы одобрили запуск первых в мире биржевых инвестиционных фондов (ETF) на базе Ethereum от Purpose Investments, CI Global Asset Management и Evolve Funds.

2021-4-21 10:05


Фото:

Первый в мире ETF на Ethereum одобрили в Канаде

Канадские регуляторы одобрили запуск Purpose Ether ETF и CI Galaxy Ethereum ETF - первых в мире биржевых инвестиционных фондов (ETF) на базе Ethereum от Purpose Investments и CI Global Asset Management соответственно.

2021-4-18 10:51


Фото:

Канада одобрила запуск первых в мире ETF на базе Ethereum

Канадские регуляторы одобрили запуск Purpose Ether ETF, CI Galaxy Ethereum ETF и Evolves Ether ETF — первых в мире биржевых инвестиционных фондов (ETF) на базе Ethereum от Purpose Investments, CI Global Asset Management и Evolve Funds соответственно.

2021-4-17 10:45


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

BlockDAG Shatters Records: $30M Presale After Explosive Keynote Launch in Shibuya Blows Away Retik Finance’s LBank Listing 

The Retik Finance LBank Listing is set to broaden the accessibility of its DeFi products, yet it struggles to quell investor concerns about stability in the volatile crypto market. In contrast, BlockDAG has emerged as a beacon of stability and innovation, particularly after a successful keynote at Shibuya, which propelled its presale to an impressive […] The post BlockDAG Shatters Records: $30M Presale After Explosive Keynote Launch in Shibuya Blows Away Retik Finance’s LBank Listing  appeared first on CaptainAltcoin.

Top 5 Cryptocurrencies for 50X in 2024 – Expert Picks

The crypto market is abuzz with activity as the 2024 bull run unfolds, presenting an exciting opportunity for potential high returns. Investors are keen to discover which cryptocurrencies might lead the charge and multiply their investments manifold.