Bitcoin ETF approved, next Ethereum ETF? - page 2.

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Quote from: Bureau on January 14, 2024, 01:53:59 AM

Quote from: dansus021 on January 13, 2024, 07:51:21 PM

Bitcoin ETF approved, next Ethereum ETF?

If eth has the etf.maybe that is a good thing but after btc is approved i dont see any big spike on bitcoin, i dont know why but maybe because it is still early.

But eth has unlimited supply right i don't know if this one gonna be approve by the sec but the good thing is if sec approve eth etf that would bring more people to join the crypto industry

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.

That would be happen since we already see bitcoin has been accepted and ETH also have strong community or supporter so provably next to that ETH will be accepted if someone do a ETF submission for this coin. Maybe next year those ETH supporter will do that and that would be great if ETH ETF will successfully happen since for that we can see that government is already starting to have a good support for cryptocurrency and provably for that event to many people will come and adopt crypto since they would see its potential just because of this approval happen.

Now we can see Blackrock is planning to make it happen and this article is really interesting https://www.investopedia.com/blackrock-ceo-larry-fink-sees-a-case-for-spot-ethereum-etf-but-will-it-get-approval-8425769

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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.

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Quote from: cryptoknightt on January 13, 2024, 05:16:06 AM

I think bitcoin and eth will be approved because they are the most trusted assets in crypto, then the process is to introduce other altcoins to people who have just joined.
Every year crypto is always visited by new people, making the crypto market bigger every year.

We have newbies every season and some make it to the professional level while the vast majority of newbies stopped halftime because they have made more heavy losses than actually milking the system, more like liquidating accounts. Every year comes with a lesson to learn, and I've learnt mine and have promised myself never to record huge losses, if I don't trigger any entry today, there's tomorrow to make analysis again in the market, there's never a deadline for us to milked the system. Crypto space is broad than we could imagine, we have watch and seen the actions of the market, it doesn't go as planned and it moves prior to our directions.

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Quote from: dansus021 on January 13, 2024, 07:51:21 PM

Bitcoin ETF approved, next Ethereum ETF?

If eth has the etf.maybe that is a good thing but after btc is approved i dont see any big spike on bitcoin, i dont know why but maybe because it is still early.

But eth has unlimited supply right i don't know if this one gonna be approve by the sec but the good thing is if sec approve eth etf that would bring more people to join the crypto industry

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.

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Bitcoin ETF approved, next Ethereum ETF?

If eth has the etf.maybe that is a good thing but after btc is approved i dont see any big spike on bitcoin, i dont know why but maybe because it is still early.

But eth has unlimited supply right i don't know if this one gonna be approve by the sec but the good thing is if sec approve eth etf that would bring more people to join the crypto industry

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Quote from: God bless u on January 13, 2024, 07:19:50 AM

Quote from: The Cryptovator on January 11, 2024, 04:13:18 PM

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?

only time will tell if Ethereum ETFs will also be approved or not. I think the response to Bitcoin ETFs will also play a key role in making this decision. they'll see if Bitcoin ETFs are successful or not.
Also those companies got ETF how well they manage these ETFS and what will be their effect in mainstream market as well as cryptocurrency market will play an important role too.

Quote from: mk4 on January 11, 2024, 06:21:49 PM

There's a good chance of an Ethereum ETF, but I think it'll be a slippery slope: from the ICO frauds of the past, Ethereum Foundation/Consensys dumping ETH pretty much every few months, etc.

The market seems to be expecting an Ethereum ETF though; but you know what's hilarious? If Litecoin gets an ETF instead of Ethereum lmao.

hahah. a Litecoin ETF would be fun. but I don't think these big companies are interested in that. otherwise they would've submitted aplications for Litecoin ETFs too. don't you think?
maybe with time every famoust Altcoin will have a ETF. how does that sounds?

One thing i understand from the bitcoin ETF is that the news is good until confirmation. Before that people had time to speculate about the price and after the release of the news there wasn't any significant impact on the market because people had already invested their money by anticipating the potential approval of the ETF. There is a high chance that ETH ETF will also be approved because blackrock has the highest success rate in terms of ETF approval and they also applied for the ETH ETF.

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Quote from: Bureau on January 11, 2024, 11:37:46 PM

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.

Maybe because it was still early? Just like the other past events that we had. Their effects are also not felt immediately. So if I were you guys, I will extend my patience a little bit. But, it's impressive on how ETH is performing better than in BTC despite its ETF wasn't approved yet. Imagine after it was approved?

Its price would definitely double or more than that but it may not be easy for it to dethrone BTC because by the time it happened, BTC had already advanced. 5 institutions are already solid I think for ETH to be considered by this year and there may be more to come. Another fact on why they won't hesitate on approving it, is that BTC ETF is already been approved.

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Quote from: electronicash on January 13, 2024, 10:57:12 AM

Quote from: God bless u on January 13, 2024, 07:19:50 AM

Quote from: The Cryptovator on January 11, 2024, 04:13:18 PM

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?

only time will tell if Ethereum ETFs will also be approved or not. I think the response to Bitcoin ETFs will also play a key role in making this decision. they'll see if Bitcoin ETFs are successful or not.
Also those companies got ETF how well they manage these ETFS and what will be their effect in mainstream market as well as cryptocurrency market will play an important role too.

Quote from: mk4 on January 11, 2024, 06:21:49 PM

There's a good chance of an Ethereum ETF, but I think it'll be a slippery slope: from the ICO frauds of the past, Ethereum Foundation/Consensys dumping ETH pretty much every few months, etc.

The market seems to be expecting an Ethereum ETF though; but you know what's hilarious? If Litecoin gets an ETF instead of Ethereum lmao.

hahah. a Litecoin ETF would be fun. but I don't think these big companies are interested in that. otherwise they would've submitted aplications for Litecoin ETFs too. don't you think?
maybe with time every famoust Altcoin will have a ETF. how does that sounds?

Bloomberg analysts say there is a chance that ETH ETF approved in May 2024. just like what they did to BTC ETF approval, they may also approve it during a time when the ETH market is already about to dump and the market couldn't sustain. eventually, a plunge in the prices will make naysayers i told you so ETF is a bad idea.

when they do it on famous altcoins, it means they are about to control the market of that altcoin.

What do you think should cause the collapse of the ETH market? In 2024, quite important and useful ERCs should come into force for the ETH blockchain. I believe that this will have a positive impact on the ETH market in general and L2 in particular. If you see some drawdown in the value of BTC at the moment and attribute it to the adoption of the ETF, then there is an opinion that GBTC holders are simply transferring their finances to real BTC. The same can happen with ETH/GETH after the adoption of the ETF.

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Quote from: God bless u on January 13, 2024, 07:19:50 AM

Quote from: The Cryptovator on January 11, 2024, 04:13:18 PM

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?

only time will tell if Ethereum ETFs will also be approved or not. I think the response to Bitcoin ETFs will also play a key role in making this decision. they'll see if Bitcoin ETFs are successful or not.
Also those companies got ETF how well they manage these ETFS and what will be their effect in mainstream market as well as cryptocurrency market will play an important role too.

Quote from: mk4 on January 11, 2024, 06:21:49 PM

There's a good chance of an Ethereum ETF, but I think it'll be a slippery slope: from the ICO frauds of the past, Ethereum Foundation/Consensys dumping ETH pretty much every few months, etc.

The market seems to be expecting an Ethereum ETF though; but you know what's hilarious? If Litecoin gets an ETF instead of Ethereum lmao.

hahah. a Litecoin ETF would be fun. but I don't think these big companies are interested in that. otherwise they would've submitted aplications for Litecoin ETFs too. don't you think?
maybe with time every famoust Altcoin will have a ETF. how does that sounds?

Bloomberg analysts say there is a chance that ETH ETF approved in May 2024. just like what they did to BTC ETF approval, they may also approve it during a time when the ETH market is already about to dump and the market couldn't sustain. eventually, a plunge in the prices will make naysayers i told you so ETF is a bad idea.

when they do it on famous altcoins, it means they are about to control the market of that altcoin.

johnsaributua

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Bitcoin has an etf because bitcoin rarely has followers or is used for alternatives on the bitcoin network before now, the bitcoin ETF tells me the originator, then if it is controlled by someone (blackrock) then we know who controls the price even though it could be shifted by someone else, but the bitcoin etf in my opinion is strong because it is a company. Cheesy

behind the fun there is another pleasure that people accommodate Grin

It is not impossible for eth to follow the same thing, because eth is the only altcoin that is so brilliant in every way, if it is enough with the eth networked project, of course it is enough for me, although the arrival of etf ethreum may be eagerly awaited for others, because ethreum is worth it.

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Quote from: irsykes on January 12, 2024, 09:44:53 AM

Positive ETF news brings joy to crypto investors. because of the ETF approval, all altcoins rose significantly. Although this is good, many people think on the other hand the purpose of the ETF approval comes. we don't know what time will come with good or bad news. global elite people are looking for business opportunities

Since the Bitcoin ETF had been approved, the market had been dancing around and what we believe would have happened after the approval is the opposite we are seeing. Bitcoin ETF supposed to do wonders in the market but what we are seeing now is the opposite of what should be happening in the market. The price of Bitcoin supposed have reach like $50k but now, the price has fallen and people are still skeptical of what could be the reason behind that. The government had given power to the big players to manipulate the market and that's what we are seeing now.

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Quote from: The Cryptovator on January 11, 2024, 04:13:18 PM

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?

only time will tell if Ethereum ETFs will also be approved or not. I think the response to Bitcoin ETFs will also play a key role in making this decision. they'll see if Bitcoin ETFs are successful or not.
Also those companies got ETF how well they manage these ETFS and what will be their effect in mainstream market as well as cryptocurrency market will play an important role too.

Quote from: mk4 on January 11, 2024, 06:21:49 PM

There's a good chance of an Ethereum ETF, but I think it'll be a slippery slope: from the ICO frauds of the past, Ethereum Foundation/Consensys dumping ETH pretty much every few months, etc.

The market seems to be expecting an Ethereum ETF though; but you know what's hilarious? If Litecoin gets an ETF instead of Ethereum lmao.

hahah. a Litecoin ETF would be fun. but I don't think these big companies are interested in that. otherwise they would've submitted aplications for Litecoin ETFs too. don't you think?
maybe with time every famoust Altcoin will have a ETF. how does that sounds?

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Quote from: The Cryptovator on January 11, 2024, 04:13:18 PM

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?

Yes, but it will take some time.
The SEC just approved 11 Spot Bitcoin ETFs a few days ago, and although we've seen Blackrock filed for a Spot Ethereum ETF, I don't think that the SEC is considering it already.

TBH, I don't know what will be the effect of accepting these Spot Bitcoin ETFs on the price of Bitcoin in the long run. I guess many investors are hoping that the SEC will accept spot Ethereum ETFs as well thus, we saw an increase in price in the last few days. A few days after they accepted the Spot Bitcoin ETFs, we are seeing the price of Bitcoin going down to as low as $42,000-$43,000. Many expected that it will reach as high as $50,000 but we aren't seeing it as of this moment. I guess the "SELL THE NEWS" phrase happened. Cheesy

Ethereum ETFs? I guess the SEC will observe first, and will look at the effects of their decision. From there, they will decide whether they will accept it or not.

cryptoknightt

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I think bitcoin and eth will be approved because they are the most trusted assets in crypto, then the process is to introduce other altcoins to people who have just joined.
Every year crypto is always visited by new people, making the crypto market bigger every year.

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I think it will take time, Ethereum can still be classified as a security somewhat. Only Bitcoin is a commodity. Ethereum is very centralised, Vitalik could rug at any point & totally make investors REKT. That kind of risk is not liked by the SEC. Remember it’s taken over 10 years from first attempt to get Bitcoin ETFs approved. I think it may take a long time to get Ethereum Spot ETFs approved also.

Yes Dear, Your Point of view can be the correct one but We can't deny one thing that Ethereum has big potential. I was reading a news some days ago which showed that Blackrock is now owns amount of Ethereum in their portfolio and the fact is that Blackrock is the world's biggest organization. I mean their action on Ethereum may have positive facts like it put trust in other big organizations to buy Ethereum as well. Big companies and organizations make trends and hype that we follow later.

On the other hand, the favorite Approval date of Ethereum is May 2024 and once the Ethereum ETF will approved it will show us Good movements even all those altcoins also move up who are using the Ethereum network or Blockchain. Dear, what do you expect how soon it can be approved? As approval of ETF is the biggest achievement for the crypto industry and the biggest event that ever happened.

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Quote from: PrivacyG on January 11, 2024, 11:47:16 PM

In fact it has a capability of doing more wrong than good in my opinion. It serves as a way for the average person to lazily 'purchase' Bitcoin which puts actually owning Bitcoin the real way as a second option on the list. Of course some body with little knowledge will reach their hands toward a more comfortable and 'legitimate' way first than go through the hurdle of learning how Bitcoin actually works.

If we follow your logic there, that's suggestive that everyone who uses fiat should know how fiat is minted before using it. Isn't it? Well, I don't think I've to know the minting process of cash before using it and I believe it's the same way with Bitcoin. What should matter to all of us Bitcoin fans is that Bitcoin is getting spread over and more people are beginning to us it, whether they understand the underlying tech or not.

Quote from: mk4 on January 11, 2024, 06:21:49 PM

There's a good chance of an Ethereum ETF, but I think it'll be a slippery slope: from the ICO frauds of the past, Ethereum Foundation/Consensys dumping ETH pretty much every few months, etc.

I think the market has gone past that sad memory of ICO frauds and moved on if we want to put in perspective the return of airdrops and app mining that have now become almost a trend. We know how airdrops dominated this industry in the past just like ICOs and were claimed through ETH ERC. If they can come back now and people are already chasing it and cashing out from it, I don't think the sins of ICOs will be a big deal not be forgiven too.

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Quote from: arjunmujay on January 12, 2024, 08:03:27 PM

Quote from: Cryptoababe on January 12, 2024, 07:46:21 PM

As Bitcoin ETF is approved, I think Ethereum ETF will also be approved. There have been news on Twitter about that. So we should expect it by May as thats the deadline. Meanwhile, I just wonder how ETH price might go against Bitcoin after then. But for now, I expect Bitcoin to be stronger. Although, I paired Both using Bitget smart portfolio to help me buy more of the weaker one as the stronger one pumps.

If you look at the Ethereum marketcap, in my opinion, it's just a matter of time for the ETF to be approved. Take a look, until now there are still many investors who stake ETH and do not want to release it as is the case with bitcoin which is increasingly in demand and wants to own it for a very long period.
In my opinion, it is the right choice if you choose Bitcoin and Ethereum as a long-term investment vehicle. especially if in the end ETH is also approved for ETF

also to consider the fact that ETH are heavily being invested by these company that fill the ETF for bitcoin kinda make it obvious that eventually ETH ETF would be approved its just matter of time and as OP said there's baiscally no reason to refuse it as ETH in itself is also having quite the market capitalization and trading volume.
I think we already can see the future of ETH but with other altcoin we don't know for sure but just thinking that bitcoin and ethereum etf gets approved will definitely make the market bullish though the effect of bitcoin etf approval wasn't as massive as i'd think i guess its like the usual buy at rumour sell at the news.

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Quote from: Cryptoababe on January 12, 2024, 07:46:21 PM

As Bitcoin ETF is approved, I think Ethereum ETF will also be approved. There have been news on Twitter about that. So we should expect it by May as thats the deadline. Meanwhile, I just wonder how ETH price might go against Bitcoin after then. But for now, I expect Bitcoin to be stronger. Although, I paired Both using Bitget smart portfolio to help me buy more of the weaker one as the stronger one pumps.

If you look at the Ethereum marketcap, in my opinion, it's just a matter of time for the ETF to be approved. Take a look, until now there are still many investors who stake ETH and do not want to release it as is the case with bitcoin which is increasingly in demand and wants to own it for a very long period.
In my opinion, it is the right choice if you choose Bitcoin and Ethereum as a long-term investment vehicle. especially if in the end ETH is also approved for ETF

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As Bitcoin ETF is approved, I think Ethereum ETF will also be approved. There have been news on Twitter about that. So we should expect it by May as thats the deadline. Meanwhile, I just wonder how ETH price might go against Bitcoin after then. But for now, I expect Bitcoin to be stronger. Although, I paired Both using Bitget smart portfolio to help me buy more of the weaker one as the stronger one pumps.

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Quote from: wheelz1200 on January 12, 2024, 05:37:27 PM

Quote from: The Cryptovator on January 11, 2024, 04:13:18 PM

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?

I don't think that will be so quick. That will blow the top open for all other altcoins to start having etfs. It was a large enough effort to get this through I don't believe they are gonna roll over that quick on eth. Just because it's a large cap alt doesn't stop it from being just another altcoin.

its quite literally already on progress, many big investment companies have already filled ethereum ETF they definitely gonna follow this up after bitcoin was approved.
the other altcoin will definitely not gonna follow because I guess the only ones that are able to fill the etf for these coins are just these multinational big investment companies which definitely
are gonna be selective, as we all know these companies are so eager to invest in major coins like bitcoin and ethereum so therefore its no wonder that they are trying to get these ETF approved.
meanwhile the other altcoin gap in market capitalization if you see are also so big if compared with bitcoin and ethereum.

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