Ethereum

2024

when

<ul class="news-points"> 
 <li><strong>Grayscale is confident regarding the SEC’s approval of its ETH spot ETF.</strong></li> 
 <li><strong>Grayscale’s lead counsel disclosed that the firm had covered essential engagements with the SEC.&nbsp;</strong></li> 
 <li><strong>A market analyst asserted that Ethereum is on track to reach the $4,000 price mark.</strong></li> 
</ul> 
<p>The largest crypto asset manager, <a href="https://coinedition.com/grayscale-12b-bleeding-now-sinking-bitcoin-etf-net-flows/" target="_blank" rel="noreferrer noopener">Grayscale</a>, has voiced confidence regarding the U.S. regulator’s potential approval of its Ethereum exchange-traded fund (ETF) application. In a recent post on X, Grayscale expressed that it is confident in its approval, similar to how it felt when its <a href="https://coinedition.com/bitcoin-etfs-explained-everything-you-need-to-know/">Bitcoin spot ETF</a> application was also under review.&nbsp;</p> 
<p>“We believe the case for spot Ethereum ETFs is just as strong as it was for spot Bitcoin ETFs,” the statement read.</p> 
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   <p lang="en" dir="ltr">Our Chief Legal Officer <a href="https://twitter.com/CraigSalm?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@CraigSalm</a> explains why we believe the case for spot <a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Ethereum</a> ETFs is just as strong as it was for spot <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Bitcoin</a> ETFs: <a href="https://t.co/22x6nOPpWn" target="_blank" rel="nofollow">https://t.co/22x6nOPpWn</a></p>— Grayscale (@Grayscale) <a href="https://twitter.com/Grayscale/status/1772372615883276635?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">March 25, 2024</a>
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<p>Craig Salm, Grayscale’s Chief Legal Officer, further <a href="https://x.com/CraigSalm/status/1772360837094691302?s=20" target="_blank" rel="nofollow">substantiated</a> the confidence by pointing out recent discussions surrounding spot Ethereum ETFs. Specifically, he addressed concerns regarding the perceived “lack of SEC engagement” at …</p>
<p>The post <a href="https://coinedition.com/eth-4k-target-on-track-as-grayscale-asserts-confidence-in-etf-approval/">ETH $4K Target on Track as Grayscale Asserts Confidence in ETF Approval</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

ETH $4K Target on Track as Grayscale Asserts Confidence in ETF Approval

Coin Edition

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