With Bitcoin soaring to new heights, the attention is now on Ethereum and all the pending applications for multiple spot Ethereum ETFs. Will the SEC finally approve them? Let’s find out more.
Bitcoin
Bitcoin could be poised for even greater gains after a strong start to the year after analysts at Bernstein predicted a bullish end to the year for the world’s largest cryptocurrency.
Ethereum
Alex Thorn, the head of firmwide research at Galaxy Digital, has suggested a spot Ethereum ETF in May is highly unlikely due to the SEC’s subpoenas and a lack of engagement.
The SEC is attempting to classify ETH, the world’s second-largest cryptocurrency, as a security.
The Ethereum Foundation, the non-profit entity at the heart of the Ethereum ecosystem, is under investigation by an unknown state authority.
In its notice filed on Tuesday, the SEC stated it was extending its time to decide on spot Ethereum applications filed by Hashdex and Ark 21Shares to May.
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We współpracy z: https://cryptodaily.co.uk/2024/03/crypto-weekly-roundup-regulators-clamp-down-on-ethereum-more
