Ethereum

Spot

The cryptocurrency markets have been relatively calm from Monday to Friday, but there are some significant developments on the SEC front. We had announced delays related to the ETH ETF applications. Now, there are new developments for two different ETF applications. 
<h2 style="text-align: justify" id="crypto-etf-news">Crypto ETF News</h2> 
The SEC has just postponed the decision on the Spot <a href="https://en.coin-turk.com/ethereum-reaches-a-milestone-with-52-3-billion-worth-of-staked-eth/" data-wpel-link="internal">Ethereum</a> ETF application made by VanEck. A few hours ago, we discussed Grayscale’s concerns about the centralization risk and market speculation that the transition to PoS for the future ETH ETF could bring. Now, the decision for VanEck has also been postponed. The SEC’s choice to delay rather than deny and set additional review periods is relatively positive. 
What’s more positive is the updates made by potential ETF issuers in their applications while continuing their discussions with the SEC. The file update received during the talks is a hopeful development, considering that the final approval date for the joint ETF applications by Ark and 21Shares is thought to be January 10. 
<img loading="lazy" decoding="async" loading="lazy" class="size-full wp-image-290908 aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/12/SEC-BTC-ETF-18-Aralik.jpeg" alt="" width="1047" height="668"> 
This month, the SEC conducted meetings with many ETF applicants, including Fidelity and BlackRock. Strengthened communication confirms the breaking of the negative approach, while imposing the idea that approval is now just a matter of time to investors. The <a href="https://en.coin-turk.com/wikipedia-founder-sparks-debate-comparing-banks-and-bitcoin/" data-wpel-link="internal">BTC</a> price rose to $41,800 following the <a href="https://newslinker.co/" data-wpel-link="exclude">news</a>. Continue Reading: <a href="https://en.coin-turk.com/crypto-etf-developments-and-sec-delays/" data-wpel-link="internal">https://en.coin-turk.com/crypto-etf-developments-and-sec-delays/</a>

Crypto ETF Developments and SEC Delays

Inhoudsopgave

COINTURK NEWS

Andere artikelen gepubliceerd op 18 dec 2023

Avalanche Trading Volume Surpasses XRP. Top ICO Hits $900k

BTC Fell Over the Weekend, Could This Be a Slight Bump Before Its Surge?

Upbit Crypto Exchange To List ASTR And Support The ASTR/KRW Trading Pair

NFT Trader recovers stolen Bored Apes with $267k bounty payment

Macro Analyst and Renowned Investor Adjust Bitcoin Price Predictions!

Trading Bitcoin vs. BTC Futures: A Comprehensive Guide

Meld je aan voor onze gratis nieuwsbrief voor dagelijkse crypto-updates!