Bitcoin ETF

Bitcoin

Spot

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/spot-bitcoin-etf-approval-sparks-market-interest/" data-wpel-link="internal">Spot Bitcoin ETF Approval Sparks Market Interest</a><br></p>
<p style="text-align: justify">On January 10, spot <a href="https://coin-turk.com/fed-son-kozunu-oynadi-kriptolar-ataga-gecti-bitcoin-yuzde10-yukseldi" data-wpel-link="internal">Bitcoin</a> ETFs were approved, leading to initial market fluctuations and a surge in <a href="https://en.coin-turk.com/expert-analyst-weighs-in-on-bitcoin-etfs-and-market-dynamics/" data-wpel-link="internal">Bitcoin</a> prices as the halving event approached. The impact of ETFs on this process was a topic of discussion for a long time. After the Bitcoin ETFs, attention turned to <a href="https://coin-turk.com/ethereum-yorumlari-korkutuyor-yeni-formasyon-bu-egilime-isaret" data-wpel-link="internal">Ethereum</a>, with many companies applying for similar products.</p> 
<h2 style="text-align: justify" id="is-a-franklin-spot-bitcoin-etf-coming">Is a Franklin Spot Bitcoin ETF Coming?</h2> 
<p style="text-align: justify">Recent news revealed that a Franklin-owned Spot <a href="https://en.coin-turk.com/ethereums-price-consolidation-and-whale-activity-indicate-a-promising-future/" data-wpel-link="internal">Ethereum</a> ETF was added to the US DTCC website, quickly discovered by cryptocurrency enthusiasts.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-345129" src="https://coin-turk.com/wp-content/uploads/2024/04/franklin-etf.png" alt="" width="510" height="425"></p> 
<p style="text-align: justify">While details are scarce, investors who saw the listing on platforms like X began sharing their excitement. The ETF, listed under the ticker EZET, has already sparked curiosity about what will happen next.</p> 
<p style="text-align: justify">Following the Bitcoin ETF, there was significant uncertainty around Ethereum due to recent <a href="https://en.coin-turk.com/bitcoin-price-and-market-predictions-in-the-medium-term/" data-wpel-link="internal">SEC</a> actions. The SEC had recently campaigned to classify ETH as a security, but the process does not seem to be going as the agency had hoped.</p> 
<p style="text-align: justify">After the exciting news, all eyes turned to the Ethereum price, which did not seem to live up to the excitement expected.</p> 
<h2 style="text-align: justify" id="how-much-is-ethereum-now">How Much is Ethereum Now?</h2> 
<p style="text-align: justify">Despite expectations of a rise following the news, Ethereum appeared to have a negative outlook. At the time of writing, the ETH price had dropped by 1% to $3,130, affecting the market cap, which fell to $382 billion.</p> 
<p style="text-align: justify">Additionally, the 24-hour trading volume was not promising either. Following a drop of over 20%, the volume stood at $10.6 billion, making it the third most traded cryptocurrency in the last 24 hours.</p> 
<p style="text-align: justify">Recent statements from a major bank about decreasing confidence in an ETF approval in May could reignite excitement and potentially have a positive impact on ETH prices in the coming days.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/spot-bitcoin-etf-approval-sparks-market-interest/" data-wpel-link="internal">Spot Bitcoin ETF Approval Sparks Market Interest</a></h5>

Spot Bitcoin ETF Approval Sparks Market Interest

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