#Opinion
π· The approval of spot #ETF on #ETH was a political decision
According to ARK Invest CEO Cathie Wood, the cryptocurrency issue became part of the Biden administration's agenda after Trump began using cryptocurrencies in his election campaign. Before this, none of the companies vying for ETF approval anticipated it, and the SEC was not engaging in dialogue with any of themπ€
Meanwhile, experts expect an #Ethereum-ETF by the end of June.
According to ARK Invest CEO Cathie Wood, the cryptocurrency issue became part of the Biden administration's agenda after Trump began using cryptocurrencies in his election campaign. Before this, none of the companies vying for ETF approval anticipated it, and the SEC was not engaging in dialogue with any of them
Meanwhile, experts expect an #Ethereum-ETF by the end of June.
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In a podcast with macro expert Raoul Pal, Hayes shared his vision for the future and stated that if #memecoins maintain their popularity, it is highly likely that we can expect a #Dogecoin #ETF.
To support his position, Arthur drew an analogy, suggesting that if people are willing to buy luxury goods just because of the well-known brand logo, then trading memecoins might also be acceptable for them.
#CryptoNews
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Do you agree with this, and do you see any other reasons for the recent drop in the price of digital gold?
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#Opinion
β‘οΈ #Reuters reports on the launch of an #ETH-#ETF on July 4th
The agency's report cites its sources and claims that negotiations between the regulator and management companies are nearing completion.
Experts from #Bloomberg also report on the imminent launch of an ETF on #Ethereum, but according to their information, the launch could happen as early as July 2nd.
π― β Ethereum is going to the moon
π β Itβs gonna go flat
The agency's report cites its sources and claims that negotiations between the regulator and management companies are nearing completion.
Experts from #Bloomberg also report on the imminent launch of an ETF on #Ethereum, but according to their information, the launch could happen as early as July 2nd.
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#VanEck has submitted an application to launch an exchange-traded fund based on #SOL, where the altcoin is referred to as a commodity, without the possibility of staking.
The coin immediately responded with growth, and analysts from #GSR stated that if spot Solana-ETFs are approved, a 9-fold increase in SOL can be expected.
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#Opinion
π #GSR predicts that #Solana could rise to $1300 if an #ETF is launched
Besides the price prediction, market maker specialists analyzed several assets based on technology, financial flows, decentralization, and market demand criteria. They concluded that #SOL has the highest chances for #ETF approval following the launch of an ETF on #Ethereum
Besides the price prediction, market maker specialists analyzed several assets based on technology, financial flows, decentralization, and market demand criteria. They concluded that #SOL has the highest chances for #ETF approval following the launch of an ETF on #Ethereum
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#Opinion
π· Analysts from K33 Research predict that after the launch of an #ETF, #Ethereum will surpass #BTC in growth rate
In their opinion, trading could start as early as July 8, leading to a significant increase in the price of #ETH.
Meanwhile, #Bloomberg reports that the #SEC will approve the applications on July 12, and trading will begin in the middle of the month. If launched, experts foresee a capital inflow into the ETH-ETF of 45 billion dollars in the first year of tradingπ
In their opinion, trading could start as early as July 8, leading to a significant increase in the price of #ETH.
Meanwhile, #Bloomberg reports that the #SEC will approve the applications on July 12, and trading will begin in the middle of the month. If launched, experts foresee a capital inflow into the ETH-ETF of 45 billion dollars in the first year of trading
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