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Topic: Bitcoin ETF approved, next Ethereum ETF? (Read 549 times)

jr. member
Activity: 217
Merit: 1
January 25, 2024, 04:16:09 AM
#76
Absolutely, the approval of the Bitcoin ETF was a significant milestone, and it indeed had a notable impact on the market. The fact that several companies, including BlackRock, have filed for an Ethereum ETF indicates a growing interest in expanding the scope of cryptocurrency investment vehicles.

Considering the regulatory green light for the Bitcoin ETF, it does create a positive precedent for Ethereum. The SEC's decision for Bitcoin suggests a clearer path and understanding of these financial instruments. However, it's crucial to remember that each asset class is unique, and the SEC will likely evaluate Ethereum's case on its individual merits.

The upcoming May deadline for the Ethereum ETF decision will be closely watched by the community. If approved, it could potentially open new avenues for investment and further influence the market dynamics. As always, it's advisable for investors to stay informed and monitor regulatory developments closely.
legendary
Activity: 2758
Merit: 1228
January 24, 2024, 03:52:48 AM
#75
As we all know, the Bitcoin ETF is already approved. So, do you think the next ETF for Ethereum will be approved as well? Many companies, including BlackRock, have filled the Ethereum ETF as well. I believe the line is already clear to approve the Ethereum ETF since the SEC gave green light to the Bitcoin ETF. We have noticed significant price movements on Ethereum since Bitcoin EFT was approved. I don't see any reason not to approve the Ethereum ETF as well. The deadline is May for the Ethereum ETF. We have to wait for that. What's your thoughts about Ethereum ETF?

If the Ethereum ETF is approved, it will have a very positive impact for Ethereum holders or aspirants because if this happens, I think the ETF will pump like crazy and lots of new investors will come in to buy ETH. Hopefully, the ETH ETF will have the same fate as the BTC ETF that is approved. I pray. for that to happen because it will make new history once the bitcoin ETF is approved

The approval of the ETH ETF is good for the long term but in the short term it won't have much effect. People will keep speculating about the ETH price until the approval of the ETH ETF like they did until the bitcoin ETF approval. The rumors made most of the impact and the speculator drove the price. If something like a bitcoin rally happens with ETH due to its ETF approval potential then it can take the price of ETH around 4k and even higher. Let's see how people cash in on these rumors.

It doesn't give much effect since its like trading approval but still that's a good development since imagine aside from bitcoin ETH is also been approved by the. For that it create some huge potential for other alts to get recognize and maybe this is one of good step that those skeptical government which ban bitcoin can realize that they made a mistake for deciding that on their country and maybe it can open another level of adoption for both top coins.

Although for now its hard to speculate since all we can do is to speculate so maybe lets just see the update will happen if there's someone will push this plan to happen. If ETF approval will really happen it could possibly stretch up the price of bitcoin to $4k or maybe even we can see it surpass at $5k which is historical record for its amazing growth.
member
Activity: 196
Merit: 14
January 24, 2024, 12:53:33 AM
#74
bitcoin ETF approved ever since then bitcoin price has been going down so far i still don't understand how this has actually affected bitcoin where it should have been going up bitcoin price is going down now if you think that will happen to us then that's the real deal for us  Sad and frustrating so we must be aware of these things rather than be happy. ETF approved that it's not that we have to dance.  Finally, let the market do something good
hero member
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Leading Crypto Sports Betting & Casino Platform
January 23, 2024, 08:15:11 PM
#73
Ethereum ETF should be much more easier than Bitcoin because it has central entity, so depends on how Ethereum are pushing and negotiating with the SEC if the Ethereum company are acutally wanted ETH to has it's ETF. But so far I haven't heard Vitalik Buterrin making any comment about Ethereum ETF, he was focused on raising the gas price to enhance the Ethereum network.
dude its not vitalik or any ethereum founder that gonna be pushing for ETF its investment company like blackrock, grayscale or something like that which are willing to fill in ETF so that it can be approved.
in my opinion though this ETF definitely have big chance of being approved, but the thing is maybe there will be delay after some moments first after BTC ETF being approved im sure in the future it will be eventually be approved.

As we all know, the Bitcoin ETF is already approved. So, do you think the next ETF for Ethereum will be approved as well? Many companies, including BlackRock, have filled the Ethereum ETF as well. I believe the line is already clear to approve the Ethereum ETF since the SEC gave green light to the Bitcoin ETF. We have noticed significant price movements on Ethereum since Bitcoin EFT was approved. I don't see any reason not to approve the Ethereum ETF as well. The deadline is May for the Ethereum ETF. We have to wait for that. What's your thoughts about Ethereum ETF?

If the Ethereum ETF is approved, it will have a very positive impact for Ethereum holders or aspirants because if this happens, I think the ETF will pump like crazy and lots of new investors will come in to buy ETH. Hopefully, the ETH ETF will have the same fate as the BTC ETF that is approved. I pray. for that to happen because it will make new history once the bitcoin ETF is approved
I doubt it will pump that much remember BTC ETF was not that significantn pump mainly because people are already conscious that the ETF have big chance of being approved so they just don't realy get too excited I guess, I instead wait for halving and maybe bullrun season but surely this ETH ETF approval could help pump the price of ethereum by some though not gonna be so significant as I stated earlier I guess.
but it might also opens up flow of investment to ethereum since it will get that legitimacy for the coin itself.
hero member
Activity: 2086
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Leading Crypto Sports Betting & Casino Platform
January 23, 2024, 08:07:05 PM
#72
If the Ethereum ETF is approved, it will have a very positive impact for Ethereum holders or aspirants because if this happens, I think the ETF will pump like crazy and lots of new investors will come in to buy ETH. Hopefully, the ETH ETF will have the same fate as the BTC ETF that is approved. I pray. for that to happen because it will make new history once the bitcoin ETF is approved
I no doubt that it will be good for both Ethereum holders and the whole crypto space.
If Ethereum ETF is approved, the demand for ETH probably will increase. This will trigger the increase of the price of ETH in the future. However, it won't happen suddenly, it needs time. Even after Bitcoin ETF is approved, we don't see a significant impact on the Bitcoin price. It means it will be good for a long term, but it may not give a big impact for a short term.

People will keep speculating about the ETH price until the approval of the ETH ETF like they did until the bitcoin ETF approval. The rumors made most of the impact and the speculator drove the price. If something like a bitcoin rally happens with ETH due to its ETF approval potential then it can take the price of ETH around 4k and even higher. Let's see how people cash in on these rumors.
People will be always interesting to speculate for the future of crypto coins, specifically for top coins like Bitcoin and Ethereum. Many people may be just following others they are curious about it. But some people may have a specific purpose, they want to make a hype of the rumor. They are trying to improve the price of the coin by spreading the issue/rumor. It is not a new way to boost the price of crypto coin, it is a classic method to raising the price by the hype.

hero member
Activity: 1190
Merit: 516
January 23, 2024, 07:47:38 PM
#71
As we all know, the Bitcoin ETF is already approved. So, do you think the next ETF for Ethereum will be approved as well? Many companies, including BlackRock, have filled the Ethereum ETF as well. I believe the line is already clear to approve the Ethereum ETF since the SEC gave green light to the Bitcoin ETF. We have noticed significant price movements on Ethereum since Bitcoin EFT was approved. I don't see any reason not to approve the Ethereum ETF as well. The deadline is May for the Ethereum ETF. We have to wait for that. What's your thoughts about Ethereum ETF?

If the Ethereum ETF is approved, it will have a very positive impact for Ethereum holders or aspirants because if this happens, I think the ETF will pump like crazy and lots of new investors will come in to buy ETH. Hopefully, the ETH ETF will have the same fate as the BTC ETF that is approved. I pray. for that to happen because it will make new history once the bitcoin ETF is approved

The approval of the ETH ETF is good for the long term but in the short term it won't have much effect. People will keep speculating about the ETH price until the approval of the ETH ETF like they did until the bitcoin ETF approval. The rumors made most of the impact and the speculator drove the price. If something like a bitcoin rally happens with ETH due to its ETF approval potential then it can take the price of ETH around 4k and even higher. Let's see how people cash in on these rumors.
full member
Activity: 672
Merit: 100
Tontogether | Save Smart & Win Big
January 23, 2024, 05:36:51 PM
#70
As we all know, the Bitcoin ETF is already approved. So, do you think the next ETF for Ethereum will be approved as well? Many companies, including BlackRock, have filled the Ethereum ETF as well. I believe the line is already clear to approve the Ethereum ETF since the SEC gave green light to the Bitcoin ETF. We have noticed significant price movements on Ethereum since Bitcoin EFT was approved. I don't see any reason not to approve the Ethereum ETF as well. The deadline is May for the Ethereum ETF. We have to wait for that. What's your thoughts about Ethereum ETF?

If the Ethereum ETF is approved, it will have a very positive impact for Ethereum holders or aspirants because if this happens, I think the ETF will pump like crazy and lots of new investors will come in to buy ETH. Hopefully, the ETH ETF will have the same fate as the BTC ETF that is approved. I pray. for that to happen because it will make new history once the bitcoin ETF is approved
legendary
Activity: 2534
Merit: 1338
January 23, 2024, 03:20:20 AM
#69
Bitcoin ETF is not approved yet, so we can't say that it is ETH next, BUT if you ask me, it feels like that would be a lot harder. Because satoshi is not around, so whoever built bitcoin can't be found, it's truly decentralized and nobody is doing anything about it.

Whereas, ETH foundation is right there, and Vitalik is a public figure of it, which means that it's not fully decentralized, I mean not that they can control it fully, we have to agree, but look at how easy it was for them to go from PoW to PoS, we all agreed for them to do that, but they were the ones who did it, they promoted it so much that we expected that to make us rich, and we all agreed to it. That may not feel like centralization, but it's not fully decentralized neither.
It seems to me an ethereum ETF will face more challenges as there are too many factors playing against it, however with so much money at stake and with the huge interest of institutional investors growing, it is entirely possible we may see the approval of an ethereum ETF during this year or the next, however while this will create the expectation the same will happen for the rest of the coins on the market, I think the rest of the altcoins on the market cannot compare to ethereum and we should not expect to see them getting their own ETF as well.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
January 18, 2024, 10:29:22 PM
#68
Bitcoin ETF is not approved yet, so we can't say that it is ETH next, BUT if you ask me, it feels like that would be a lot harder. Because satoshi is not around, so whoever built bitcoin can't be found, it's truly decentralized and nobody is doing anything about it.

Whereas, ETH foundation is right there, and Vitalik is a public figure of it, which means that it's not fully decentralized, I mean not that they can control it fully, we have to agree, but look at how easy it was for them to go from PoW to PoS, we all agreed for them to do that, but they were the ones who did it, they promoted it so much that we expected that to make us rich, and we all agreed to it. That may not feel like centralization, but it's not fully decentralized neither.
sr. member
Activity: 1008
Merit: 262
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January 18, 2024, 07:23:24 PM
#67
Ethereum ETF should be much more easier than Bitcoin because it has central entity, so depends on how Ethereum are pushing and negotiating with the SEC if the Ethereum company are acutally wanted ETH to has it's ETF. But so far I haven't heard Vitalik Buterrin making any comment about Ethereum ETF, he was focused on raising the gas price to enhance the Ethereum network.
Everyone is taking about ETF because we thinking this would make the price of Bitcoin to skyrocket.
We should not be too curious because we just gave the market liquidity to the hands of the big sharks. They would control and manipulate the market in the market they want and might not have the power again to have influence on the market.
Cryptocurrency is not supposed to be the hands of the government. Now that we have given the power of the market to the big institutions , we should be ready for the consequences.
member
Activity: 532
Merit: 17
Eloncoin.org - Mars, here we come!
January 18, 2024, 02:07:14 PM
#66
After the approval of Bitcoin ETFs, Bitcoin did not pump as much as Ethereum did. I agree that the path of Ethereum ETF getting approved is very likely now and so was the reason for it getting pumped. Investors are expecting its approval anytime now and after 2022 yesterday was the biggest spike in ETH price. There are in total 5 institutions that have filed for Ethereum ETF to the SEC. I do not think that ETH ETF will happen by this year, but the situation can change.

   Yes, you are right there, so there is no need to rush it, in my opinion. Yes, it's true that some companies have already applied there, but that's not sure yet. So there are probably many more times that Ethereum etf will face rejection in that matter once there is approval.

   So I think let's not focus on that for now, and better yet, let's first take care of the upcoming halving and bull run for Bitcoin and altcoins this year until 2025. Because this is important, it is important that we have at least some crypto assets in our wallets.
sr. member
Activity: 1400
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Fully Regulated Crypto Casino
January 18, 2024, 10:18:17 AM
#65
Ethereum ETF should be much more easier than Bitcoin because it has central entity, so depends on how Ethereum are pushing and negotiating with the SEC if the Ethereum company are acutally wanted ETH to has it's ETF. But so far I haven't heard Vitalik Buterrin making any comment about Ethereum ETF, he was focused on raising the gas price to enhance the Ethereum network.
full member
Activity: 756
Merit: 200
January 18, 2024, 09:00:54 AM
#64
I hope so but I don’t think so, not imminently any way. We all know Gary Gensler is power hungry & he is already on record as saying that Bitcoin is a commodity & most all other cryptocurrencies are securities. I don’t know if an Ethereum Spot ETF will be approved further down the line, I’ve spoken about it before, I just do not think the SEC will allow it yet. It took 10 years to get Bitcoin Spot ETFs so I would not expect Ethereum ones would be so easy, so soon.

Indeed I have heard him say something of such that Bitcoin is exempted from other cryptocurrency because they are all securities.i watched an interview of Gary when we said it has been in his mind ever since, but he was waiting for the right timing. Actually other crypto enthusiast believe Ethereum ETF would be approved by may after the halving, but in my opinion it wouldn't be that easy. Even if Ethereum is also a trusted coins, the SEC still consider it a security, so even if it gets approved this year, there will be some delay.
delays that occur in ethereum ETFs may very well happen. just like the bitcoin ETF that was delayed. but in my opinion the delay occurred only to reduce the price of ethereum temporarily before the ETF was actually approved and made the price of ethereum will skyrocket.
sr. member
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January 17, 2024, 12:51:28 PM
#63
I hope so but I don’t think so, not imminently any way. We all know Gary Gensler is power hungry & he is already on record as saying that Bitcoin is a commodity & most all other cryptocurrencies are securities. I don’t know if an Ethereum Spot ETF will be approved further down the line, I’ve spoken about it before, I just do not think the SEC will allow it yet. It took 10 years to get Bitcoin Spot ETFs so I would not expect Ethereum ones would be so easy, so soon.

Indeed I have heard him say something of such that Bitcoin is exempted from other cryptocurrency because they are all securities.i watched an interview of Gary when we said it has been in his mind ever since, but he was waiting for the right timing. Actually other crypto enthusiast believe Ethereum ETF would be approved by may after the halving, but in my opinion it wouldn't be that easy. Even if Ethereum is also a trusted coins, the SEC still consider it a security, so even if it gets approved this year, there will be some delay.
hero member
Activity: 560
Merit: 511
January 17, 2024, 11:30:52 AM
#62
As we all know, the Bitcoin ETF is already approved. So, do you think the next ETF for Ethereum will be approved as well? Many companies, including BlackRock, have filled the Ethereum ETF as well. I believe the line is already clear to approve the Ethereum ETF since the SEC gave green light to the Bitcoin ETF. We have noticed significant price movements on Ethereum since Bitcoin EFT was approved. I don't see any reason not to approve the Ethereum ETF as well. The deadline is May for the Ethereum ETF. We have to wait for that. What's your thoughts about Ethereum ETF?
You are right, as I don't see any reason why ETH ETF will not be approved since bitcoin ETF approval has created room for the approval of more ETFs. I was also thinking that maybe the drop of bitcoin price after the approval of bitcoin ETF, was because investors have seen it that there will likely be an approval of ETH ETF by May, and they ha e decided not to buy bitcoin because of the price and they ha e moved to start stacking up ETH now because the price is still very cheap for them to accumulate as many as they can buy for a better profit once ETH ETF is approved. It is by May that we will know if the approval will be given. Maybe, I should also join the train of stashing ETH in my portfolio.  Roll Eyes
legendary
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January 17, 2024, 06:17:27 AM
#61
I hope so but I don’t think so, not imminently any way. We all know Gary Gensler is power hungry & he is already on record as saying that Bitcoin is a commodity & most all other cryptocurrencies are securities. I don’t know if an Ethereum Spot ETF will be approved further down the line, I’ve spoken about it before, I just do not think the SEC will allow it yet. It took 10 years to get Bitcoin Spot ETFs so I would not expect Ethereum ones would be so easy, so soon.
full member
Activity: 420
Merit: 140
January 17, 2024, 12:04:46 AM
#60
Currently, after the Bitcoin ETF, the story of the ETH ETF is being used by MM(market makers) and the media to push up the price of Ethereum in preparation for the upcoming ETH Cancun upgrade. Looking ahead, I believe the ETH ETF will definitely be approved, but perhaps May this year is a bit early, I suppose that 2025 seems more reasonable. In the current cryptocurrency market, besides BTC, only ETH and XRP are recognized as not securities.
Therefore, if there is another ETF, these two are definitely top candidates. However, ETH is more likely and it will usher in a new era for the entire Altcoin market, in line with the expected market boom in 2025 – that is my prediction.
hero member
Activity: 2184
Merit: 585
You own the pen
January 16, 2024, 06:26:32 AM
#59
after bitcoin ETH will of course be accepted, because bitcoin and eth are like pioneers in crypto.
the movements of the two coins always coincide,
I really believe that eth's chances of being accepted are very big.

They will be approved but of course, they also need to fix their problems which are not really good for their investors especially those who are not familiar with transaction fees. surely if they fix it and some other issues, they can finally submit their request and be approved by the ETF this year or the next few years, it depends on whether they can show improvement quickly or not in terms of their transaction fees and speed. Right now, let's just enjoy the approval of ETF with Bitcoin, and let's see where will it be brought by that approval in the next months.
copper member
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January 15, 2024, 09:13:22 PM
#58
Yes, Ethereum ETF is an ongoing thing and there are 4 application for it at SEC. You are correct Bitcoin ETF did not pump Bitcoin now, but it will happen. We need to wait and keep an eye on the market. In general before halving Bitcoin does goes into red and recovers after halving. That is what is happening now and we might see it go below 40k.

We already see the correction in bitcoin and now turn back in 41K ~ 43k and Bitcoin didn't pump yet at least for now but I still hope that we can back to 50K level on this year. But there is also a rumor that SEC wont approve the ETH ETF

"SEC unlikely to approve spot Ethereum ETFs 'any time soon,' says TD Cowen" - https://www.theblock.co/post/272514/sec-spot-ethereum-etf-td-cowen?utm_source=onecryptofeed&utm_medium=social

Quick Take
Chances are slim that the SEC will greenlight a spot Ethereum ETF in the near future, according to TD Cowen.
“The wait might not be as long as 26 months, but it likely would be after the election,” the investment bank said.


sr. member
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Tontogether | Save Smart & Win Big
January 14, 2024, 07:53:35 AM
#57
ETF which was approved for bitcoin, so bitcoin price was very high we saw it now ethereum is for ETF we will see the etherium price much faster grow,I guess the price of ethereum will be 4k dollars  because Ethereum is very strong fundamentals and has a very strong coin. But anyway, the ETF will have a big impact on his price and we will all see that Ethereum will reach 4000 dollars.and we can book profit from now.
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