US Spot Ethereum ETF | Bitcointalksearch.org

jaberwock

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Quote from: zasad@ on January 17, 2024, 01:21:30 PM

https://www.coindesk.com/markets/2024/01/12/blackrock-ceo-larry-fink-backs-ether-etf/
"BlackRock CEO Larry Fink Backs Ether ETF
The asset management giant may now be looking to list an equivalent product for ether, the native token of the Ethereum blockchain, as part of its ongoing journey toward tokenization."

If BlackRock is interested, at this rate we could see it in a few quarters. Ethereum price could rise to $3,500

ETF's are not just for whales, you can invest into ETF's with just mere thousands as well, and if you think that a few thousand dollars is being a whale, then you will be shocked how many whales are there.

I consider a whale is someone who can put a million dollars into bitcoin without thinking, which means that he has that much cash laying around for something, it doesn't mean that he has only a million dollars, he probably has a lot more and he is only putting that much into bitcoin or it could be ETF for btc or eth as well. This is why I think we should be more careful with what we are doing, I believe that the best thing we can do right now would be just looking at our own investments and not watch what others are doing.

TastyChillySauce00

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Quote from: DeathAngel on September 04, 2024, 03:22:12 AM

I’ve been reading that it’s been a busted flush, not even close to the inflows & volumes that Spot Bitcoin ETFs have seen. It’s still early but perhaps the institutional demand for Ethereum just isn’t there. Markets look like crap though so we should probably revisit this at the end of 2025 when the peak bull market should have been.

ETH ETF is just that bad

too much outflow compared to inflow, it's a sign that the ETF ETH is a failure, though maybe it's because the bad sentiment and the fact that there are many fuds about ethereum that doesn't help with the situation.
but overall it's weaker than I expected.

probably the fact that by holding ETH we can stake in through LST and double the profit instead of buying ETF means there's lost opportunity right there and that might be the culprit why people avoid ETH ETF.

nelson4lov

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Quote from: DeathAngel on September 04, 2024, 03:22:12 AM

I’ve been reading that it’s been a busted flush, not even close to the inflows & volumes that Spot Bitcoin ETFs have seen. It’s still early but perhaps the institutional demand for Ethereum just isn’t there. Markets look like crap though so we should probably revisit this at the end of 2025 when the peak bull market should have been.

I was a big believer of the ETH ETFs and I'm down bad for it. It seems a lot of it was a "sell the news" event after all. If ETH ETFs came in 2021, the prices would've been alot higher. But it's not. I think part of the reason is that there's isn't enough tradfi liquidity for Both Bitcoin and Ethereum at the moment. That, and couple with the fact that Ethereum have had no major upgrades that specifically targets their L1. I know there was an update that made tx costs cheaper across L2s on ethereum but then it has made Ethereum to become inflationary again. Why buy ETH when you can just stick to your fiat that has stood the test of time.

DeathAngel

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I’ve been reading that it’s been a busted flush, not even close to the inflows & volumes that Spot Bitcoin ETFs have seen. It’s still early but perhaps the institutional demand for Ethereum just isn’t there. Markets look like crap though so we should probably revisit this at the end of 2025 when the peak bull market should have been.

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Quote from: Webetcoins on September 02, 2024, 11:53:24 PM

The fact that we somehow managed to get this doesn't mean that it is a great thing, it also means that we are going to end up with a good result if we want to and we shouldn't really do anything about any of this, we need to consider how this could be a bigger deal if we do what we do knowing what we are going to get.

If we have no idea about what the future of ETH futures looking and ETF seems like a questionable thing then we do not need to invest into that, and this is what the investors are doing.

Bitcoin is the one everyone loves and because of that I think there is really not a big deal about this that makes it questionable for anyone. If you get to do Bitcoin ETF, then why would you want to do ETH ETF as well, that's the deal.

Many of the whales who did not buy coins directly, ended up buying the ETF and they prefer bitcoin over ETH easily, everyone does that in crypto too that's why bitcoin has higher marketcap, and I think it's clear that we will be getting not that many investments at ETH ETF.

ETFs are anyway for the whales, thus, we can only observe how it affects the market on which we are in Grin

Webetcoins

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The fact that we somehow managed to get this doesn't mean that it is a great thing, it also means that we are going to end up with a good result if we want to and we shouldn't really do anything about any of this, we need to consider how this could be a bigger deal if we do what we do knowing what we are going to get.

If we have no idea about what the future of ETH futures looking and ETF seems like a questionable thing then we do not need to invest into that, and this is what the investors are doing.

Bitcoin is the one everyone loves and because of that I think there is really not a big deal about this that makes it questionable for anyone. If you get to do Bitcoin ETF, then why would you want to do ETH ETF as well, that's the deal.

Many of the whales who did not buy coins directly, ended up buying the ETF and they prefer bitcoin over ETH easily, everyone does that in crypto too that's why bitcoin has higher marketcap, and I think it's clear that we will be getting not that many investments at ETH ETF.

tygeade

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Quote from: zasad@ on January 17, 2024, 01:21:30 PM

https://www.coindesk.com/markets/2024/01/12/blackrock-ceo-larry-fink-backs-ether-etf/
"BlackRock CEO Larry Fink Backs Ether ETF
The asset management giant may now be looking to list an equivalent product for ether, the native token of the Ethereum blockchain, as part of its ongoing journey toward tokenization."

If BlackRock is interested, at this rate we could see it in a few quarters. Ethereum price could rise to $3,500

The main reason why we are investing so much to ETH as a group, is something that we are dealing with something that is taking time and that's the most important part. I know that we are going to end up with a good result one way or another, and because of that we shouldn't really consider how this could change anytime soon.

ETH is great, it is the main point for so many projects and it is bringing something much better with time, we will keep on getting good results one way or another, it is going to be what we like to do and that's what we care. Hopefully ETH will continue to make money to everyone, and if it keeps on making more money for everyone and keeps being the chain for many projects then I doubt it will go away at all.

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Quote from: Yaunfitda on August 22, 2024, 07:00:58 AM

Quote from: zasad@ on August 21, 2024, 05:32:43 AM

Quote from: HarveyOne on July 31, 2024, 08:49:34 AM

Where can I stake my ETH with some security? You usually have to leave them on a platform and lose the keys - not your keys = not your coins

Staking etherium is available on centralized and decentralized platforms. It is much more convenient to do it on centralized platforms, but the rule “not your keys = not your coins” works here.
There is a lot of information on decentralized platforms and steaking options on the internet, so I won't give links.
I've been telling everyone for years: possible profit 5%, possible loss 100% of deposit - it's a wrong investment if you don't have a lot of coins.

Yeah, I think that is the risk with Staking, although in the beginning, it could be worth for some because of the high yield that they will get. However, when the market's became saturated, and just like the hype it is, sooner or later it will lose it's attractiveness to say the least. And then the whole staking went down, the yield became so meager that it's no longer very appealing and then you don't have total control of it.

And with that, it might be good to invest with Ethereum because of the whole US Spot Ethereum ETF. And similar to Bitcoin, it will really bring a lot of money from investors and obviously, it will give that needed boost to the market itself.

There are a lot of coins being staked and the Staked Share is constantly increasing.
https://dune.com/hildobby/eth2-staking

The number of layers is also increasing, so Ethereum is the ecosystem of the future, and that's why investors are staking.
https://l2beat.com/scaling/summary

Yaunfitda

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Quote from: zasad@ on August 21, 2024, 05:32:43 AM

Quote from: HarveyOne on July 31, 2024, 08:49:34 AM

Where can I stake my ETH with some security? You usually have to leave them on a platform and lose the keys - not your keys = not your coins

Staking etherium is available on centralized and decentralized platforms. It is much more convenient to do it on centralized platforms, but the rule “not your keys = not your coins” works here.
There is a lot of information on decentralized platforms and steaking options on the internet, so I won't give links.
I've been telling everyone for years: possible profit 5%, possible loss 100% of deposit - it's a wrong investment if you don't have a lot of coins.

Yeah, I think that is the risk with Staking, although in the beginning, it could be worth for some because of the high yield that they will get. However, when the market's became saturated, and just like the hype it is, sooner or later it will lose it's attractiveness to say the least. And then the whole staking went down, the yield became so meager that it's no longer very appealing and then you don't have total control of it.

And with that, it might be good to invest with Ethereum because of the whole US Spot Ethereum ETF. And similar to Bitcoin, it will really bring a lot of money from investors and obviously, it will give that needed boost to the market itself.

CK485

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Quote from: Sayeds56 on May 01, 2024, 10:05:03 AM

Given the current unfavorable conditions of cryptocurrencies markets with Bitcoin price falling to $55,000 and Ethereum is trading below $3000, I am afraid the market will not welcome and Ethereum ETF might not attract substantial inflow of investment in the short term, as we observed lackluster market response to ETF launched in Hong Kong.

Additionally, there is also possibility that approval of Ethereum ETF could be delayed. Nonetheless, long term outlook of the market remains promising.

Yes, indeed true from my monitoring of the crypto market, for now the situation is indeed going down, and it is an important consideration for investors, but this situation will gradually recover again, even though the crypto market is fluctuating, this is quite normal in the crypto market at this time.

mich

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Well now here is some good news for the Blackrock spot Eth ETF. This week it did cross $1 Billion cumulative net inflows. And it remains crypto investors early choice for investors who want a spot Eth ETF.
Fidelity’s Ethereum Fund had only $367 Million in cumulative net inflows. Bitwise Ethereum ETF has $310 Million and Grayscale Ethereum Mini Trust has $227 Million.
https://decrypt.co/245775/blackrock-ethereum-etf-1-billion-net-gains-nearly-tripling-fidelity

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Quote from: zasad@ on August 21, 2024, 05:32:43 AM

Quote from: HarveyOne on July 31, 2024, 08:49:34 AM

Where can I stake my ETH with some security? You usually have to leave them on a platform and lose the keys - not your keys = not your coins

Staking etherium is available on centralized and decentralized platforms. It is much more convenient to do it on centralized platforms, but the rule “not your keys = not your coins” works here.
There is a lot of information on decentralized platforms and steaking options on the internet, so I won't give links.
I've been telling everyone for years: possible profit 5%, possible loss 100% of deposit - it's a wrong investment if you don't have a lot of coins.

Yeah, I do it on Binance and it's quite easy to deal with that and doesn't really require more than just a few clicks. With the way things are going, I feel like all these big companies who are getting insane amount of ETH due to this ETF situation will end up staking it too, making the returns a lot lower for all of us. I can see a period where the return will drop to like 1-2% eventually one day, which will not be good at all.

If you have billions in it, then getting even 1% is good because you do not invest for that, you invest because your customers wants to, and that 1% is your money totally, and that's 10 million dollars that you made off others money.

I hope that we can continue with this ETF being a good thing for us because if there isn't really anything that can make it change all together, then we are going to have ETH be taken over by these wall street ETF dudes and the results will not be good for us at all, we will definitely not be happy about it. I personally believe that we need to do a lot better overall, and for that to mean something we need to have retail investors be equally involved with ETH as these wall street guys are, so we can keep the power at least a bit balanced.

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Quote from: zasad@ on August 21, 2024, 05:32:43 AM

Quote from: HarveyOne on July 31, 2024, 08:49:34 AM

Where can I stake my ETH with some security? You usually have to leave them on a platform and lose the keys - not your keys = not your coins

Staking etherium is available on centralized and decentralized platforms. It is much more convenient to do it on centralized platforms, but the rule “not your keys = not your coins” works here.
There is a lot of information on decentralized platforms and steaking options on the internet, so I won't give links.
I've been telling everyone for years: possible profit 5%, possible loss 100% of deposit - it's a wrong investment if you don't have a lot of coins.

Yeah, everybody's choice, of course, but everybody would choose stability and security over the potential profit at hand, in my opinion.

zasad@

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Quote from: HarveyOne on July 31, 2024, 08:49:34 AM

Where can I stake my ETH with some security? You usually have to leave them on a platform and lose the keys - not your keys = not your coins

Staking etherium is available on centralized and decentralized platforms. It is much more convenient to do it on centralized platforms, but the rule “not your keys = not your coins” works here.
There is a lot of information on decentralized platforms and steaking options on the internet, so I won't give links.
I've been telling everyone for years: possible profit 5%, possible loss 100% of deposit - it's a wrong investment if you don't have a lot of coins.

HarveyOne

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Where can I stake my ETH with some security? You usually have to leave them on a platform and lose the keys - not your keys = not your coins

betswift

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Quote from: zasad@ on July 27, 2024, 04:32:52 PM

https://www.coindesk.com/news-analysis/2024/07/25/staking-in-ether-etfs-is-a-question-of-when-not-if-and-issuers-remain-hopeful/
Staking in Ethereum ETFs Might Be a Question of When, Not If
"The eight spot ether exchange-traded funds had a largely successful launch on Tuesday, despite the missing staking feature that many investors had hoped to profit from.
Spot ether exchange-traded funds successfully debuted in the U.S. on Tuesday, but regulators didn't let the ETFs generate income for investors by staking their ETH.
The absence represents a disadvantage over directly holding the cryptocurrency, but issuers are hopeful regulators will eventually allow staking."

__

Duh, if they could stake them, imagine the possibilities for their operations going wild with these amounts Wink

zasad@

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https://www.coindesk.com/news-analysis/2024/07/25/staking-in-ether-etfs-is-a-question-of-when-not-if-and-issuers-remain-hopeful/
Staking in Ethereum ETFs Might Be a Question of When, Not If
"The eight spot ether exchange-traded funds had a largely successful launch on Tuesday, despite the missing staking feature that many investors had hoped to profit from.
Spot ether exchange-traded funds successfully debuted in the U.S. on Tuesday, but regulators didn't let the ETFs generate income for investors by staking their ETH.
The absence represents a disadvantage over directly holding the cryptocurrency, but issuers are hopeful regulators will eventually allow staking."

__

zasad@

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Ethereum ETFs Begin Trading on July 23, Cboe Confirms
"Cboe has listed five spot Ethereum ETFs to start trading next Tuesday, July 23, including those from Franklin Templeton and Fidelity."
https://decrypt.co/240685/ethereum-etfs-begin-trading-july-23-cboe
"Spot Ethereum exchange-traded funds (ETFs) will be listed for trading on Tuesday, July 23, the Chicago Board Options Exchange (or Cboe) confirmed Friday via notices posted to its website.

Cboe said that the following spot Ethereum ETFs will begin trading on Tuesday: 21Shares Core Ethereum ETF (CETH), Fidelity Ethereum Fund (FETH), Franklin Ethereum ETF (EZET), Invesco Galaxy Ethereum ETF (QETH), and VanEck Ethereum ETF (ETHV).

"We are pleased to announce that One (1) Exchange Traded Product ('ETP') will be listed on Cboe and will begin trading as a new issue on July 23, 2024, pending regulatory effectiveness," each listing reads."

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https://www.reuters.com/technology/us-regulators-could-approve-spot-ether-etfs-launch-by-july-4-sources-say-2024-06-26/
"June 26 (Reuters) - The U.S. Securities and Exchange Commission could approve exchange traded funds (ETFs) tied to the spot price of ether as soon as July 4, as talks between asset managers and regulators enter the final stages, industry executives and other participants told Reuters.
Eight asset managers, including BlackRock (BLK.N), opens new tab, VanEck, Franklin Templeton (BEN.N), opens new tab and Grayscale Investments, are seeking SEC approval for the funds. Most of them had rolled out spot bitcoin ETFs in January, the culmination of a decade-long tussle with regulators. Grayscale again hopes to convert an existing trust into an ETF."

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https://www.theblock.co/post/296845/jpmorgan-doubt-sec-approval-solana-other-crypto-etfs
"JPMorgan doesn’t foresee the SEC approving additional crypto ETFs following spot Ethereum ETFs.
That’s unless U.S. policymakers pass legislation declaring most cryptocurrencies as non-securities, analyst Nikolaos Panigirtzoglou told The Block."

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