good bullish thread:
https://twitter.com/VivekVentures/status/1789161576987054271
Topic: After Bitcoin spot ETF, there is Ethereum spot ETF - page 3. (Read 512 times)
I think it will be the same as the Bitcoin ETF being approved but it will have different rejections creating volatility in the market, but eventually the ETH ETF will be approved. It reminds me of the gold ETF phase followed by the silver ETF phase, actually maybe in the crypto space adoption is more important because we have gone through so many different challenges, and especially in the crypto space. During the period where the market is currently in an uptrend, large funds will also benefit from that, it's just that the specific time for acceptance is still at the speculative level.
Bitcoin has been leading the pact ever since its launch and we will most likely see it continue until the next following years. Even if ethereum etf were to be approved i don’t think it can surpass the success bitcoin has right now.
I do agree that bitcoin will not change much on the long run, I think that would be something unexpected and I do not think that we are going to get that at all. I do get that there are stages when things look like they are not going to get better for bitcoin at times but that is not going to be the case and I am sure that we are going to get better with time as well.We should realize that the best thing we could do right now would be just realizing that we are not going to get any better. We should probably consider what we can do at this moment would be just expecting bitcoin to always lead crypto, because that seems to be the case so far and I do not think that it will get any different on the long run at all. We should definitely think the best when we are talking about bitcoin.
follow james seyffart on twitter, he's an etf expert. there's eric balchunas too.
right now, it's not looking good for an eth etf approval this year.
gensler is being his usual little bitch.
right now, it's not looking good for an eth etf approval this year.
gensler is being his usual little bitch.
Gensler will not likely postpone this time. he sees ETH ETF was already trading in Hong Kong, if the counterpart is already doing it, they might as well approve.
However, uncle Gary does not care about this Hong Kong ETF because he is an anticrypto chairman of the SEC. He was crying when he was forced to approve the spot ETF for Bitcoin, giving it many postponements and delays. He also mentioned that Ethereum is an illegal security. Similar to what I have already speculated, this will be delayed until August7. This is the final application schedule of Blackrock and he will approve this. Uncle Gary does not want to anger Larry the new mayor of Bitcoin hehehehe.
exactly. Larry is more powerful than the President of the United States. i don't think Gary will ever have anything to do with the SEC once Larry is disappointed. this guy is likely the one running the entire show and deciding whether the war in Ukraine is to be stopped or not. Gary may not care about Narnia grabbing ETH in Hongkong but Larry and his friends are up to it. they probably have ETH already since the time ETH was just $1000.
iShares ETH Trust will be on Aug 7. but Gary will approve VanEck, ARk which Hashdex, Grayscale, Fidel and Blackrock will dump their ETH holdings they bought at $1000.
which price will dip to $2200. just my gut feeling 
Gensler will not likely postpone this time. he sees ETH ETF was already trading in Hong Kong, if the counterpart is already doing it, they might as well approve.
However, uncle Gary does not care about this Hong Kong ETF because he is an anticrypto chairman of the SEC. He was crying when he was forced to approve the spot ETF for Bitcoin, giving it many postponements and delays. He also mentioned that Ethereum is an illegal security. Similar to what I have already speculated, this will be delayed until August7. This is the final application schedule of Blackrock and he will approve this. Uncle Gary does not want to anger Larry the new mayor of Bitcoin hehehehe.
After reading this topic where I saw big financial institutions showing interest in getting approval for the Ethereum ETF from the SEC, I did a few Google research to see the possibility of approval and found it highly unlikely. The reason has targeted defi by suing uniswap which we all know uses Ethereum blockchain. I think it will take some time more for an Ethereum ETF approval and it will not happen in May for sure.
I don’t think it will be granted already. And if it makes it way through and get granted, then that’s it for a while because approving ETF has to do with trust for that coin/token and these people do not completely have that trust due to cryptocurrency’s volatile nature. I also think another reason would be to monitor the approved ones and know if they made a good decision before they can move on to more.
I’m looking forward for this approval but maybe around 2 to 3 years from now. 
It's still too young for this proposed ETH ETF. I think it's even the cause of the current dip that we've got lately. Just as what you think, I don't think that this is going to be approved for this month for which it's set to have that decision.I also think that SEC has got enough already with all of these crypto etf applications and Bitcoin is already enough for them to have it and give it to the institutions that have pushed them to approve it.
The potential approval of Ethereum ETFs could create a very good opportunity for investors to invest in cryptocurrencies.
With bitcoin etf approved everyone is looking at the crypto world and if ethereum etf were to be approved then it could solidify the crypto world and invite more investors in particularly those new in investing or just in crypto.Quote
Experts feel there is no denying Bitcoin's dominance in the cryptocurrency market.
Bitcoin has been leading the pact ever since its launch and we will most likely see it continue until the next following years. Even if ethereum etf were to be approved i don’t think it can surpass the success bitcoin has right now. copper member
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Similar big names are applying. Blackrock, Fidelity, Ark and Vaneck. The next scheduled application is on May 23. Will this be approved or not? Will this be similar to Bitcoin spot ETF where uncle Gary always postponed approval?
In the future I think ETH ETF might be approved but for now even Bitcoin approval is just forced. I doubt a more volatile asset and prone to manipulation ETH can easily get the green light while Bitcoin still showing a strong volatility that imposes too much risk for ETF customers which the SEC being considered even before.
Bitcoin ETF approval took so many years so I’m expecting ETH will suffer the same procedure before SEC will finally consider it.
I’m looking forward for this approval but maybe around 2 to 3 years from now.
For a long time now I have been hearing criticism about ETF approval on Ethereum. In the past we have also seen Bitcoin ETF approval muddied several times, but all the speculation finally got Bitcoin ETF approval earlier this year. Since Bitcoin ETFs were approved earlier this year, we can expect Ethereum ETFs to be approved soon. However, there is a possible date this month that Ethereum's ETF approval will be applied for. But I feel like we're at the beginning of the drama, we can't really tell what's going to happen next until we reach the climax of the drama.
Maybe trying to ride on the approval of a bitcoin etf , which i dont think it has the support needed to get it through, this one might need several attempts before an approval is arrived.
I think at this time where the price seems to be reclining it won't be the best time to hope for an approval. Investors know that this is all temporary and we will see soon a bullish trend but for now we have to be patient and calm. I just wouldn't know how the SEC would react to that market movement of Ethereum associated with bitcoin's temporary decline. legendary
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Similar big names are applying. Blackrock, Fidelity, Ark and Vaneck. The next scheduled application is on May 23. Will this be approved or not? Will this be similar to Bitcoin spot ETF where uncle Gary always postponed approval?
Yes it will, like what he did with Spot Bitcoin ETF.Similar big names are applying. Blackrock, Fidelity, Ark and Vaneck. The next scheduled application is on May 23. Will this be approved or not? Will this be similar to Bitcoin spot ETF where uncle Gary always postponed approval?
Gary Gensler is kind of the "hard to get" guy, and if these companies wants their own Ethereum ETF to get accepted, they need to wait more time hence, he will postpone it.
I don't know, but many said that the supposed ETFs that has a deadline of May are getting postponed based on what I'm seeing online, and I think this is the case. Nevertheless, I'm thinking it's only a matter of time until we see an Ethereum Spot ETF getting accepted. I guess after a year or so.
Did my research on this and from the general feedback nothing good for this etf and we should not expect this one to be easily approved in spite Bitcoin the king getting an approval after so many tries, and ETH wants to do it in one impossible.
Maybe trying to ride on the approval of a bitcoin etf , which i dont think it has the support needed to get it through, this one might need several attempts before an approval is arrived.
Maybe trying to ride on the approval of a bitcoin etf , which i dont think it has the support needed to get it through, this one might need several attempts before an approval is arrived.
The potential approval of Ethereum ETFs could create a very good opportunity for investors to invest in cryptocurrencies. Experts feel there is no denying Bitcoin's dominance in the cryptocurrency market. However, Ethereum's unique features also play a vital role in the growing ecosystem of cryptocurrencies. Exchange traded funds ETFs linked directly to Bitcoin and Ethereum are on the brink of approval.
Gensler will not likely postpone this time. he sees ETH ETF was already trading in Hong Kong, if the counterpart is already doing it, they might as well approve.
something may happen again like it did before because every time there is ETF that will be approved it seems like they are dumping those ETH to the new institutional traders. considering there are 3 ETH ETF that will be approved this month, ETH may drop to $2400 by the end of the month.
I don't know crap about ETFs and the filings required, but the law/finance people on Twitter agreed that approval this May is like 95% likely to be declined, while approval is highly more likely next year(though still not more than 50% likely).
The fact alone that ETH is put up by a company(Consensys) makes it less likely to be approved in the near term.
The fact alone that ETH is put up by a company(Consensys) makes it less likely to be approved in the near term.
Yes it is very difficult to disagree. If you use the information on what we have witnessed on bitcoin, uncle Gary was postponing the approval for many months and has only approved it during near the last deadlines. I am quite certain uncle Gary will do this again until Blackrock's last scheduled deadline on August 7 hehehh.
However, this will be with uncle Gary in tears who does not want to approve but he will approve very much similar to the spot ETF for bitcoin.
Similar big names are applying. Blackrock, Fidelity, Ark and Vaneck. The next scheduled application is on May 23. Will this be approved or not? Will this be similar to Bitcoin spot ETF where uncle Gary always postponed approval?
Despite many big names interested in etf ethereum, it still might not be approved just as easy as that. Remember that it took so long for bitcoin etf to be approved and now that it is we do not know whether it means more etf cryptocurrency can be approved or bitcoin was the first and last?
I have an idea that this might just go as bitcoin, it keeps being postponed but eventually it will come.
I don't know crap about ETFs and the filings required, but the law/finance people on Twitter agreed that approval this May is like 95% likely to be declined, while approval is highly more likely next year(though still not more than 50% likely).
The fact alone that ETH is put up by a company(Consensys) makes it less likely to be approved in the near term.
The fact alone that ETH is put up by a company(Consensys) makes it less likely to be approved in the near term.
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