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> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <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>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<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

Other articles published on Mar 26, 2024

XRP whales reshuffle amid rising momentum; NuggetRush presale excels

AIO Exchange Forges Strategic Partnership with BTSE

Trading activity on Coinbase International hits new heights with $6.23B record

Spectral Launches Syntax, an LLM Enabling Web3 Users to Build Autonomous Agents and Deploy Onchai...

Japanese Auto Maker Nissan Taps Into the Metaverse

Legendary Trader Peter Brandt Breaks Down BTC Price Trends: Details

Join our free newsletter for daily crypto updates!