Thu, May 28

SEC Chair Gensler Ties Ether ETF Approval Timeline to Issuer Response Speed

According to the Chair of the Securities and Exchange Commission (SEC), Gary Gensler, the speed with which issuers reply to SEC comments will determine the approval of spot Ethereum exchange-traded funds (ETFs) in the US. It would seem from Gensler’s remarks that the responsibility for approvals is with the issuers

June 7, 2024 2 mins read

Ethereum Privacy Protocol Nocturne Backed by Vitalik Buterin Shuts Down

Closing down operations has been announced by Nocturne Labs, the Ethereum-native privacy protocol which has backing of notable figures in the cryptocurrency community, including Vitalik Buterin, co-founder of Ethereum. No reason for the shutdown was provided by the firm. Private Ethereum accounts and transactions were the original goals of Nocturne.

June 6, 2024 2 mins read

Will Ethereum Hit New Highs by the End of June?

Ethereum price is struggling to maintain its bullish momentum. The $3K mark showed signs of recovery in early May 17. The leading altcoin’s bulls and bears are exhibiting a feud. During the time of writing, the token traded at $3,832.02, an increase of 0.56% in the past 24 hours. The

June 6, 2024 2 mins read

SEC Chair Gensler Suggests Potential Delays for Spot Ether ETFs

Final approvals for asset managers providing spot Ethereum (ETH) exchange-traded funds (ETFs) on exchanges may be delayed, according to U.S SEC Chair Gary Gensler. While appearing on CNBC on June 5, Gensler hinted that the SEC may be dragging its feet in approving spot Ether ETFs, saying that the following

June 5, 2024 1 min read

Ethereum (ETH) Price Struggles to Break $3.7K Resistance

The overall crypto sector has initiated the month with struggles to break resistance beyond last month’s bullish momentum. Leading cryptocurrency Bitcoin is struggling to break resistance at $69K. Parallely, with increased volatility, Ethereum price   also struggles to surpass  key resistance levels, $3700 and $3800.  Notably, the SEC’s approval of

June 4, 2024 2 mins read

Ethereum Supply on Exchanges Plummets Post-SEC Approval of Spot Ether ETF

Since the spot Ether ETF products were approved by the US SEC, the balance of Ethereum (ETH) on centralized exchanges has been rapidly decreasing. Most traders get their hands on Ethereum and other cryptocurrencies through centralized trading platforms. Ethereum’s availability is already under jeopardy, as top market expert Ali Martinez

June 3, 2024 1 min read

ARK Invest Steps Out of 21Shares Spot Ethereum ETF Partnership

Ark Invest, the prominent global asset manager, announced on June 1, that it is no longer a partner in the ARK 21Shares spot Ethereum ETFs. The platform stated that 21Shares will be going solo on the Ethereum ETFs.  Following this, the SEC released the amended S-1 filings where the ETF

June 1, 2024 2 mins read

Ethereum (ETH) Price Struggles to Maintain Bullish Momentum, Will It Reach $4,500?

In the aftermath of the spot Ethereum ETF approval, the cryptocurrency market witnessed a resurgence of bullish sentiment, seemingly vanquishing the bears. However, the upward momentum failed to propel the Ethereum (ETH) price beyond the critical $4,000 threshold, as the resistance level remained firmly in place. Consequently, the price suffered

May 31, 2024 2 mins read

Vanguard Faces Criticism for Rejecting Spot Ethereum ETFs

One of the most prominent American financial advisory firms, Vanguard Group, is under a lot of heat for not supporting Spot Ethereum ETFs. This decision is made in light of the current regulatory changes and the increasing interest in digital assets. Spot Bitcoin ETFs were previously the subject of a

May 30, 2024 2 mins read

BlackRock Pushes Forward with Ethereum ETF Amid SEC Approvals

BlackRock, the world’s largest asset manager, is getting closer to launching its Ethereum ETF, the iShares Ethereum Trust (ETHA). The company recently submitted an amended S-1 registration form to the U.S. Securities and Exchange Commission (SEC), following the regulator’s approval of Form 19b-4 for eight Ethereum ETFs.  The updated S-1

May 30, 2024 2 mins read