Ethereum

Chin

<ul class="news-points"> 
 <li>ETH surged to $3,717 over the past day, one of its highest levels in over a month.</li> 
 <li>Experts believe the optimism stems from discussions between ETF issuers and the SEC.</li> 
 <li>However, prominent analysts warn of potential rejection of ETH spot ETF applications.</li> 
</ul> 
Ethereum has surged to one of its highest levels in over a month as anticipation grows around the possibility of U.S. exchange-traded funds (ETFs) for the digital asset. Within the last 24 hours, Ethereum has hit a high of $3,717, soaring by over 8.2% from a low of $3,435. Notably, ETH crashed to as low as $3,111 in March. 
Edward Chin, co-founder of Parataxis Capital, suggests the optimism surrounding Ethereum’s price surge stems from discussions between ETF issuers and the U.S. Securities and Exchange Commission (SEC). Chin <a href="https://www.bnnbloomberg.ca/bitcoin-s-nearest-rival-ether-sustains-surge-on-us-etf-speculation-1.2056615#" target="_blank" rel="nofollow">remarked</a>, 
<blockquote class="wp-block-quote"> 
 There’s been some chatter about Ether ETF issuers meeting with the U.S. Securities and Exchange Commission. 
</blockquote> 
Despite the SEC’s historical skepticism towards cryptocurrencies, especially regarding their classification as securities, the success of <a href="https://coinedition.com/breaking-spot-bitcoin-etfs-mark-4-consecutive-days-of-net-inflows/">Bitcoin spot ETFs</a> launched earlier this year has fueled hopes for…
The post <a href="https://coinedition.com/ethereum-soars-8-to-3717-as-etf-talks-with-sec-heat-up/">Ethereum Soars 8% to $3,717 as ETF Talks with SEC Heat Up</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Ethereum Soars 8% to $3,717 as ETF Talks with SEC Heat Up

Coin Edition

2024年4月9日公開の他の記事

Regulations Attracting Technology Cos In The Middle East

Ethereum holders, watch out for THIS as over 45,000 ETH flood exchanges

Veteran IRS Criminal Investigations Chief Joins Crypto Firm Chainalysis to Combat Digital Asset C...

Ethereum boosts 8% amid ‘ultra-strong’ social and market activity

Financial Stability Institute calls for uniform stablecoin regulation

Pepe Price Prediction: PEPE Pumps 4%, But Investors Are Flocking To This 2.0 Dogecoin For Parabol...

ニュースレターを購読して暗号資産の最新情報を毎日入手！