Ethereum

2024

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/shocking-claim-shib-founder-ryoshi-launches-new-altcoin-project/" data-wpel-link="internal">Shocking Claim: SHIB Founder Ryoshi Launches New Altcoin Project</a> 
<a href="https://coin-turk.com/sok-iddia-shib-kurucusu-ryoshi-yeni-altcoin-projesini-hayata-gecirdi" data-wpel-link="internal">Altcoin</a> investors eagerly awaiting the Ether rise could trigger significant activity for assets other than <a href="https://coin-turk.com/btc-eth-xrp-ve-dot-fiyat-hareketleri-arasinda-binanceten-rekor-geldi" data-wpel-link="internal">BTC</a>. The confirmation that could prompt a BTCD decline has not been given so far, and the <a href="https://en.coin-turk.com/revolut-stops-crypto-services-in-the-us-due-to-regulatory-pressure/" data-wpel-link="internal">SEC</a> does not seem likely to approve it anytime soon. A new decision was announced today. So what does this mean? 
<h2 style="text-align: justify" id="sec-and-ethereum-etf">SEC and Ethereum ETF</h2> 
A few minutes ago, as expected, the SEC decided to postpone the decision on the <a href="https://coin-turk.com/ethereum-eth-ve-binance-coin-bnb-ilk-cikis-fiyati-yatirimcisini-zengin-etti" data-wpel-link="internal">Ethereum ETF</a> proposed by Hashdex. The agency stated that it needs more time to make a decision on approval or rejection and will announce its decision at a later date. However, there is an end to postponements, and it is approaching. 
<img loading="lazy" loading="lazy" decoding="async" class="wp-image-330398 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/03/Hashdex.png" alt="" width="1020" height="492"> 
The final deadline for the <a href="https://en.coin-turk.com/ethereum-at-critical-levels-again-which-direction-does-current-data-point-to-for-eth/" data-wpel-link="internal">Ethereum</a> ETF is May 23, and that is precisely the day the SEC will have to say “Yes” or “No” to the Ark Invest application. On the same decision day, the SEC will likely also announce its decisions regarding applications made by BlackRock, Fidelity, and others, as it had done for <a href="https://en.coin-turk.com/record-trading-volumes-for-bitcoin-futures-etfs/" data-wpel-link="internal">BTC</a> in January 2024 in the interest of equal opportunity. 
For now, it is normal for Ethereum investors not to be too excited by postponement decisions that have little effect on the price. In the coming days (within 12 days), postponement decisions for applications from VanEck, ARK/21Shares, and Grayscale could also be announced. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/shocking-claim-shib-founder-ryoshi-launches-new-altcoin-project/" data-wpel-link="internal">Shocking Claim: SHIB Founder Ryoshi Launches New Altcoin Project</a></h5>

Shocking Claim: SHIB Founder Ryoshi Launches New Altcoin Project

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