Ethereum

Bitcoin

<div id="youtube2-G25c0FUFf2g" class="youtube-wrap" data-attrs="{&quot;videoId&quot;:&quot;G25c0FUFf2g&quot;,&quot;startTime&quot;:null,&quot;endTime&quot;:null}" data-component-name="Youtube2ToDOM">
 <div class="youtube-inner"><iframe src="https://www.youtube-nocookie.com/embed/G25c0FUFf2g?rel=0&amp;autoplay=0&amp;showinfo=0&amp;enablejsapi=0" frameborder="0" loading="lazy" gesture="media" allow="autoplay; fullscreen" allowautoplay="true" allowfullscreen="true" width="728" height="409"></iframe>
 </div>
</div>
<p>The crypto world is abuzz with speculation that a spot Ethereum ETF may be approved by the SEC as soon as May 2024. After years of delay around a Bitcoin ETF, which was finally approved in 2023, market analysts believe Ethereum's turn may be next.</p>
<p>Key drivers behind the optimism include the SEC's clarification that Ethereum is a commodity, similarities in structure between proposed Ethereum and Bitcoin ETFs, and immense profit potential for investment banks. Analysts estimate Ethereum ETFs could generate billions in fees, giving banks huge incentives to lobby for approval.</p>
<p class="button-wrapper" data-attrs="{&quot;url&quot;:&quot;https://pbn3.substack.com/subscribe?&quot;,&quot;text&quot;:&quot;Subscribe now&quot;,&quot;action&quot;:null,&quot;class&quot;:null}" data-component-name="ButtonCreateButton"><a class="button primary" href="https://pbn3.substack.com/subscribe?" rel="noopener noreferrer nofollow"><span>Subscribe now</span></a></p>
<p>Tokenization of traditional assets by firms like BlackRock is also seen lending legitimacy to Ethereum and opening the door for ETFs. BlackRock's initiative to put assets like bonds on the Ethereum blockchain could lead to massive institutional inflows if an ETF is greenlighted.</p>
<p>However, the SEC has yet to confirm if or when an Ethereum ETF might be approved. The agency may want more regulatory clarity first. But volumes of assets are waiting on the sidelines, ready to pour into any approved crypto investment vehicles.</p>
<p>Overall, while not guaranteed, the financial impacts could be enormous if the SEC does approve an Ethereum spot ETF in the coming months. The first mover advantage and resultant price impacts make the Ethereum ETF among the most hotly anticipated events in crypto for 2024.</p>
<div>
 <hr>
</div>
<p><strong>This episode is sponsored by <a href="https://bit.ly/iTrustPaul" rel="noopener noreferrer nofollow">iTrustCapital</a></strong></p>
<div class="captioned-image-container">
 <figure><a class="image-link image2" target="_blank" href="https://bit.ly/iTrustPaul" data-component-name="Image2ToDOM" rel="noopener noreferrer nofollow">
   <div class="image2-inset"><picture>
     <source type="image/webp" srcset="https://substackcdn.com/image/fetch/w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4728654a-0b22-4f12-a260-814a64742d7c_600x338.jpeg 424w, https://substackcdn.com/image/fetch/w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4728654a-0b22-4f12-a260-814a64742d7c_600x338.jpeg 848w, https://substackcdn.com/image/fetch/w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4728654a-0b22-4f12-a260-814a64742d7c_600x338.jpeg 1272w, https://substackcdn.com/image/fetch/w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4728654a-0b22-4f12-a260-814a64742d7c_600x338.jpeg 1456w" sizes="100vw">
     <img src="https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4728654a-0b22-4f12-a260-814a64742d7c_600x338.jpeg" width="600" height="338" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/4728654a-0b22-4f12-a260-814a64742d7c_600x338.jpeg&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:338,&quot;width&quot;:600,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:24782,&quot;alt&quot;:&quot;&quot;,&quot;title&quot;:&quot;&quot;,&quot;type&quot;:&quot;image/jpeg&quot;,&quot;href&quot;:&quot;https://bit.ly/iTrustPaul&quot;,&quot;belowTheFold&quot;:true,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:null}" class="sizing-normal" alt="" title="" srcset="https://substackcdn.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4728654a-0b22-4f12-a260-814a64742d7c_600x338.jpeg 424w, https://substackcdn.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4728654a-0b22-4f12-a260-814a64742d7c_600x338.jpeg 848w, https://substackcdn.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4728654a-0b22-4f12-a260-814a64742d7c_600x338.jpeg 1272w, https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4728654a-0b22-4f12-a260-814a64742d7c_600x338.jpeg 1456w" sizes="100vw" loading="lazy" fetchpriority="high"> 
    </picture>
    <div></div>
   </div></a>
 </figure>
</div>
<p>iTrustCapital | Get $100 Funding Reward + No Monthly Fees when you sign up using our custom link! ➜ <a href="https://bit.ly/iTrustPaul" rel="noopener noreferrer nofollow">https://bit.ly/iTrustPaul</a></p>
<div>
 <hr>
</div>
<p>Become a Diamond Circle Member <strong>FREE</strong>! ➜ <a href="https://bit.ly/PBDiamondCircle" rel="noopener noreferrer nofollow">https://bit.ly/PBDiamondCircle</a><br>PBN3 Deals! ➜ <a href="https://www.paulbarronnetwork.com/deals" rel="noopener noreferrer nofollow">https://www.paulbarronnetwork.com/deals</a><br>Subscribe on YouTube ➜ <a href="https://bit.ly/PBNYoutubeSubscribe" rel="noopener noreferrer nofollow">https://bit.ly/PBNYoutubeSubscribe</a><br>X/Twitter ➜ <a href="http://bit.ly/PBNtwitter" rel="noopener noreferrer nofollow">http://bit.ly/PBNtwitter</a><br><br>Looking for the best tax havens for Crypto? Free Month with iTrust Capital - Use PROMO CODE - PAUL BARRON <a href="https://rebrand.ly/PAULBARRON" rel="noopener noreferrer nofollow">https://rebrand.ly/PAULBARRON</a></p>

Ethereum ETF Approval Signaled By Grayscale?

Paul Barron Network

Other articles published on Mar 27, 2024

Exponential’s ‘State of DeFi’ Report Reveals Key Insights for Crypto Investors

Shiba Inu Partner Bad Idea AI (BAD) Rallies 20% As GateIO Unveils Listing

WAX and Amazon Web Services Forge Strategic Alliance to Empower Developers

Breaking: US Court Denies Coinbase Motion to Dismiss SEC Lawsuit

Marginfi Introduces Collateral-Based Loan Repayment

Bitcoin Surges Past $70,000 Mark

Join our free newsletter for daily crypto updates!