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SEC may approve Spot Ethereum ETF’s 19b-4 first, delaying S-1
20 May 2024 17:11 GMT
Two sides of the Spot Ethereum ETF have emerged now, and it is crucial for the US Securities & Exchange Commission to consider both for approval. Only then will the status of the said ETF become clear. The first side pertains to 19b-4, the approval of …
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Ethereum eyes ETF verdict, DeFi events, amidst market swings
20 May 2024 17:11 GMT
Ethereum (ETH) is above $3,000; it is listed at $3,086.75, down by 0.89% in the last 24 hours. The market expects the price to fluctuate several times before reaching its peak. The US SEC could deliver a verdict on Spot Ether ETF this week. However, this …
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Bitcoin ETF Inflows Are Skyrocketing. Do Advisors Care?
20 May 2024 16:35 GMT
The firm generally invests clients in FBTC since it is one of the most liquid options and because Fidelity is the custodian rather than another exchange. A major benefit is that the tax reporting rolls up into the client’s brokerage portfolio, rather than …
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First Mover Americas: BTC, ETH Little Changed Ahead of Ether ETF Decision
20 May 2024 19:02 GMT
Bitcoin (BTC) and ether (ETH) were little changed, suggesting a consolidation after last week's rally. BTC traded at around $67,000 while ETH held steady about $3,100. The wider digital asset market as measured by the CoinDesk 20 Index (CD20) has added …
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SEC rumored to be reconsidering spot Ether ETF denial, say analysts
20 May 2024 20:33 GMT
… 20 X posts, Bloomberg ETF analysts James Seyffart and Eric … preparing to deny spot Ether ETF applications.
However, according to … would approve his company’s ETF application in May. Asset … affecting how the regulator treats banks dealing with companies holding …
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Bank of America details the best hedge for a big stock-market move on Nvidia earnings
20 May 2024 18:37 GMT
… growth over the past year.
Bank of America shared how investors … P 500 and Nasdaq 100, Bank of America recommends investors buy … QQQ, SPY, SMH (Semis ETF)," Bank of America said.
The reason … broader indices, according to the bank, likely due to the strong …
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Grayscale CEO Michael Sonnenshein resigns as spot BTC ETF inflows rebound
20 May 2024 16:20 GMT
… head of strategy for the bank’s asset management operations.
Grayscale … weeks of modest spot BTC ETF demand.
BTC weekly price … chart | Source: CoinMarketCap
Spot Ethereum ETF scenarios
With a rebound in … spot Bitcoin ETF inflows and Bitcoin’s …
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Analysts consider possible short squeeze ahead of spot Ethereum ETF deadline
20 May 2024 16:20 GMT
Analysts at QCP Capital say the “resounding lack of interest” in the market and the approval of spot Ethereum ETF could “easily” pump ETH back to recent highs.
While recent market data indicates a cautious atmosphere among investors regarding the potential …
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Why Schwab U.S. Dividend Equity ETF Is One of the Best Dividend Funds Available
20 May 2024 15:20 GMT
Key Morningstar Metrics for Schwab U.S. Dividend Equity ETF
Morningstar Medalist Rating: Gold
Process Pillar: High
People Pillar: Above Average
Parent Pillar: Above Average
Schwab U.S. Dividend Equity ETF SCHD stands out for its sensible, transparent, and …
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What Are the Chances of Ethereum (ETH) ETF Approval This Week? All the Details Here
20 May 2024 14:30 GMT
TL;DR
Approval Process: The U.S. Securities and Exchange Commission (SEC) is reviewing the 19b-4 filings and S-1 registration statements necessary for the Ethereum (ETH) ETF to be traded on stock exchanges.
SEC’s Role: SEC’s approval is crucial for the ETF …