Spot Ethereum ETF: Here Is The Last Sign To Watch Ahead of Launch

Like
Comment
Favorite

Spot Ethereum ETF: Here Is The Last Sign To Watch Ahead of Launch

Coingape07-23

Highlights The market is getting ready for spot Ethereum ETF launch James Seyffart said final approval from SEC is needed NYSE Arca just validated the likely launch of the product this week After ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

No comments yet

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2453771982?lang=en_US&edition=fundamental","thumbnail":"https://coingape.com/wp-content/uploads/2024/05/spot_ethereum_etf_2.jpg","is_english":true,"pubTime":"2024-07-23 01:58","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2453771982","market":null,"top_or_hot":-1,"title":"Spot Ethereum ETF: Here Is The Last Sign To Watch Ahead of Launch","media":"Coingape","content":"<div>\n<p>Highlights\n\nThe market is getting ready for spot Ethereum ETF launch\nJames Seyffart said final approval from SEC is needed\nNYSE Arca just validated the likely launch of the product this week\n\n\nAfter ...</p>\n\n<a href=\"https://coingape.com/spot-ethereum-etf-here-is-the-last-sign-to-watch-ahead-of-launch/\">Source Link</a>\n\n</div>\n","source":"coingape_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Spot Ethereum ETF: Here Is The Last Sign To Watch Ahead of Launch</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSpot Ethereum ETF: Here Is The Last Sign To Watch Ahead of Launch\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-23 01:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://coingape.com/spot-ethereum-etf-here-is-the-last-sign-to-watch-ahead-of-launch/><strong>Coingape</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Highlights\n\nThe market is getting ready for spot Ethereum ETF launch\nJames Seyffart said final approval from SEC is needed\nNYSE Arca just validated the likely launch of the product this week\n\n\nAfter ...</p>\n\n<a href=\"https://coingape.com/spot-ethereum-etf-here-is-the-last-sign-to-watch-ahead-of-launch/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"EZET","symbol_name":"Franklin Ethereum Etf","start_time":0,"source_url":"https://coingape.com/spot-ethereum-etf-here-is-the-last-sign-to-watch-ahead-of-launch/","article_id":"2453771982","we_media_id":null,"thumbnails":["https://coingape.com/wp-content/uploads/2024/05/spot_ethereum_etf_2.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2453771982","pubTimestamp":1721671115,"sourceInfo":{"source_id":"coingape_highlight","name":"Coingape"},"weMediaInfo":null,"summary":"The market is getting ready for spot Ethereum ETF launch. James Seyffart said final approval from SEC is needed. NYSE Arca just validated the likely launch of the product this week. After months of anticipation and several regulatory hurdles crossed with the United States Securities and Exchange Commission , the spot Ethereum ETF is set to go live for trading. The eight approved digital products are likely to go live on the Chicago Board Option Exchange  and NYSE Arca on July 23.Key Developments and ExpectationsJames Seyffart, Bloomberg Senior ETF Analyst in an explanatory post on X regarding the much anticipated digital asset, shared what investors and stakeholders can expect once spot Ethereum ETF begins trading. One of the notable developments will be on the official website of the SEC.","collect":0,"end_time":0,"defaultTopTitle":"coingape.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"EZET":"Franklin Ethereum Etf","QETH":"Invesco Galaxy Ethereum ETF","FETH":"Fidelity Ethereum Fund","CETH":"21Shares Core Ethereum ETF","ETHV":"Vaneck Ethereum ETF"},"translate_title":"现货以太币ETF：这是推出前需要注意的最后一个迹象","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CETH":1,"ETHV":1,"EZET":1,"FETH":1,"QETH":1},"content_text":"Highlights\n\nThe market is getting ready for spot Ethereum ETF launch\nJames Seyffart said final approval from SEC is needed\nNYSE Arca just validated the likely launch of the product this week\n\n\nAfter months of anticipation and several regulatory hurdles crossed with the United States Securities and Exchange Commission (SEC), the spot Ethereum ETF is set to go live for trading. The eight approved digital products are likely to go live on the Chicago Board Option Exchange (Cboe) and NYSE Arca on July 23.Key Developments and ExpectationsJames Seyffart, Bloomberg Senior ETF Analyst in an explanatory post on X regarding the much anticipated digital asset, shared what investors and stakeholders can expect once spot Ethereum ETF begins trading. One of the notable developments will be on the official website of the SEC.\nadvertisement \n\nWhat are we expecting today for the Ethereum ETFs?\nWe expect them to begin trading tomorrow. That means we should see a bunch of filings on SEC site today that say the ETFs’ prospectuses have gone “effective”. Likely after or around market close. Here are the race entrants: pic.twitter.com/AkBxEjBRvv\n— James Seyffart (@JSeyff) July 22, 2024\n\n\n\n\nRecommended Articles\n    \n\n\n\n\n\n\n              Crypto Presale Projects For 2024 To Invest; Updated List\n            \nMust Read\n\n\n\n\n\n\n              Best Crypto AI Trading Bots For 2024: Updated List\n            \nMust Read\n\n\n\n\n\n\n              Best Crypto Exchanges and Apps September 2024\n            \nMust Read\n\n\n\n\n\nTop Meme Coins to Buy Now: What You Need to Know\nMust Read\n\n\n\n\n\nTop 10 Web3 Games To Explore In 2024; Here List\nMust Read\n\n\n\n\nAccording to Seyffart, after the close of market on July 22, the SEC website will have to update its platform with new filings. The update will signal to the global community that the ETFs prospectuses are now effective.Notably, the entrants on the Cboe include Franklin Ethereum ETF, VanEck Ethereum ETF, 21Shares Core Ethereum ETF, Fidelity Ethereum ETF and Invesco Galaxy Ethereum ETF.  Each of the aforementioned have a waiver on transaction fees ranging from six months to one year except Invesco Galaxy Ethereum ETF with no waiver granted by the issuer.Additionally, the five issuers trading on the Cboe have Coinbase as their custodian with the exception of VanEck Ethereum ETF. Gemini will serve as the custodian for VanEck.Implications of Spot Ethereum ETF Launch \nMeanwhile, Grayscale Ethereum Mini Trust, Bitwise Ethereum ETF and Grayscale Ethereum Trust will be trading on the New York Stock Exchange. The trio also have Coinbase as their custodian.The broader crypto community will be keenly watching the milestone event when trading goes live, particularly, investors in Ethereum ETF and how it will impact on the price of ETH. Principally, stakeholders will be interested to see if the development will cause market excitement with visible trading surge.While there have been several bullish predictions for the effect trading of spot Ethereum will have on price, some analysts consider the SEC’s approval and listing for trading a major win already. According to them, this is another giant step towards the legitimization of crypto products.\nAt the moment, the price of ETH is priced for $3,469.57, down 1.53% in the past 24 hours.Read More: Binance Reveals Major Backing For Sam Altman’s Worldcoin, WLD Price To Rally?","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}