#Fidelity Investments seeks SEC approval for Spot #EtherETF, paralleling #BlackRock's moves.
The aim is fraud prevention, market integrity, and investor protection.
Read More: https://coinpedia.org/news/fidelity-files-spot-ether-etf-application-amidst-speculation/
The aim is fraud prevention, market integrity, and investor protection.
Read More: https://coinpedia.org/news/fidelity-files-spot-ether-etf-application-amidst-speculation/
CoinPedia
Fidelity Files Spot Ether ETF Application Amidst Speculation
In a strategic move, , a renowned American financial services corporation, has officially filed for its Spot Ether ETF. This comes on the heels of its
Top #CryptoNews In Last 12 Hours
1️⃣ Franklin Templeton applies for #EtherETF, considering staking for additional income. Competition includes #BlackRock, #Fidelity, and others.
2️⃣ $BTC price hits $50.3K, boosting #MicroStrategy stock by 11%. #Bitcoinmining stocks, like RIOT, also surge. mining difficulty at all-time high.
3️⃣ #Binance's ex-CEO #CZ's sentencing postponed to April 30; faces potential 18-month prison term over money laundering.
4️⃣Founders Fund, led by Peter Thiel, invests $200 million in #Bitcoin and #Ethereum, signaling renewed confidence in #Cryptomarket
5️⃣ #Coinbase's CLO Paul Grewal criticizes SEC for mishandling DEBT Box case, citing lack of transparency and accountability.
1️⃣ Franklin Templeton applies for #EtherETF, considering staking for additional income. Competition includes #BlackRock, #Fidelity, and others.
2️⃣ $BTC price hits $50.3K, boosting #MicroStrategy stock by 11%. #Bitcoinmining stocks, like RIOT, also surge. mining difficulty at all-time high.
3️⃣ #Binance's ex-CEO #CZ's sentencing postponed to April 30; faces potential 18-month prison term over money laundering.
4️⃣Founders Fund, led by Peter Thiel, invests $200 million in #Bitcoin and #Ethereum, signaling renewed confidence in #Cryptomarket
5️⃣ #Coinbase's CLO Paul Grewal criticizes SEC for mishandling DEBT Box case, citing lack of transparency and accountability.
BREAKING : #Ethereum is just $80 away from reaching $3000 👀
🔵 Ethereum's price rally is attributed to significant accumulation by a whale investor, who initiated transactions including withdrawal of 100 million USDT from Binance and subsequent purchase of ETH.
🔵The whale investor has been accumulating Ethereum since February 8th, amassing a total of 52,759 ETH valued at approximately $145.4 million from both centralized and decentralized exchanges.
🔵Bullish sentiment exists regarding potential approval of spot Ethereum ETFs, with firms like VanEck and Kraken joining the race, and BlackRock submitting an application to the SEC, whose decision has been delayed until March 10, 2024.
#Cryptocurrency #CryptoNews #EtherETF
🔵 Ethereum's price rally is attributed to significant accumulation by a whale investor, who initiated transactions including withdrawal of 100 million USDT from Binance and subsequent purchase of ETH.
🔵The whale investor has been accumulating Ethereum since February 8th, amassing a total of 52,759 ETH valued at approximately $145.4 million from both centralized and decentralized exchanges.
🔵Bullish sentiment exists regarding potential approval of spot Ethereum ETFs, with firms like VanEck and Kraken joining the race, and BlackRock submitting an application to the SEC, whose decision has been delayed until March 10, 2024.
#Cryptocurrency #CryptoNews #EtherETF