Grayscale executive sees path to Ethereum ETF approval despite SEC silence
[ad_1] Craig Salm, the Chief Legal Officer at Grayscale, suggested that the US SEC’s “perceived lack of engagement” with spot Ethereum exchange-traded funds (ETFs) applicants wouldn’t be a decisive factor that would hinder the prospects of such products. In a March 25 post on X (formerly Twitter), Salm said the Ethereum ETFs would be approved […]
Ethereum devs confirm Dencun upgrade’s mainnet deployment, Grayscale calls it ETH’s ‘coming of age’ moment
[ad_1] Ethereum Foundation said the highly anticipated Dencun upgrade has been “successfully activated on all testnets” and is scheduled for deployment on the mainnet by Mar. 13 — at epoch 269568, according to a Feb. 27 statement. According to the Foundation, the upgrade will usher in significant changes, including introducing ephemeral data blobs with EIP-4844. This […]
800,000 ETH Flow Out Of Centralized Exchanges In 2024
[ad_1] The price of Ethereum has been a joy to watch since the start of 2024, climbing by more than 30% in less than two months. The latest on-chain revelation suggests that ETH investors are approaching the market with more confidence, as the cryptocurrency’s price rally seems to be far from over. $2.4 Billion Worth […]
Franklin Templeton Enters The Fray As ETH Rallies
[ad_1] Wall Street titan and Asset manager Franklin Templeton has applied for an Ethereum Spot Exchange-Traded Funds (ETF) after a struggle to gain approval for their Bitcoin Spot ETF in early January. Asset Manager Files For Spot Ethereum ETF Asset managers have gravitated toward the Ethereum spot ETF since the United States Securities and Exchange […]
Grayscale, DCG stand against Genesis plan to liquidate $1.6 billion in trust shares
[ad_1] Crypto firm Digital Currency Group (DCG) and Grayscale objected to bankrupt lender Genesis‘ move to divest its assets, including Grayscale’s Bitcoin Trust (GBTC), Grayscale Ethereum Trust (ETHE), and Grayscale Ethereum Classic Trust (ETCG), shares worth approximately $1.6 billion, according to recent court filings. Grayscale’s objection In its court filing, Grayscale stated that it could […]
Analyst Sees Spot Ethereum ETFs Fueling Bull Run
[ad_1] A crypto analyst, Eric, believes Ethereum (ETH) could spike to $20,000 in the upcoming bull run. The analyst said the potential launch of spot Ethereum exchange-traded funds (ETFs) in the United States will propel this upswing. Ethereum To $20,000 Possible In a post on X, Eric cited Ethereum’s historical tendency to mirror Bitcoin (BTC), albeit […]
Grayscale’s GBTC tops ETFs, Standard Chartered bullish on BTC, Meme Moguls trending in BTC ETF buzz
[ad_1] Standard Chartered forecasts $200K Bitcoin by late 2025, banking on ETF approval. Grayscale’s GBTC outpaces 99% of ETFs, trading close to half a billion dollars. Meme Moguls, a meme-backed stock market, enters the crypto space with presale buzz. As the crypto world buzzes with anticipation over the potential approval of spot Bitcoin ETFs in […]