US Spot Ethereum ETF - page 4. | Bitcointalksearch.org

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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."

Now that the Bitcoin Spot ETF has been approved, it is only a matter of time before there is one for Ethereum. I don't think it will take that long. With some delay there will also be spot ETFs for other cryptos, Solana or Cardano would be candidates for me. It is also conceivable that in the near future there will also be ETFs with mixed coins that track a kind of crypto index.

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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

I knew this was the way ahead but hadn't expected things moving this fast.
BlackRock is not just another company but the largest fund manager in US which has it's influence in whole of US market. They manage around 15 trillion USD, while the total marketcap of all the crypto in the world stands below 2.5 million USD. When a company as large as that accepts Ethereum as ETF, the whole world will follow.
Now when the top 2 ETFs are on the market, there would be 100s of new crypto ETF would follow. This is a perfect pretext for the ultimate bull run in 2024.

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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 thing is that it does not turn out that expectations from the adoption of the Etherium ETF do not “overheat” the ETH market. By analogy with the BTC market before the adoption of the ETF. In addition, we should not forget about the existence of the Grayscale Ethereum Trust, from which assets can then flow into ETH-ETF. Updates to the ETH network should have a greater impact on cost due to the new EPRs.

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https://www.theblock.co/post/273703/osl-hong-kong-crypto-etf-midyear
OSL executive says Hong Kong could debut spot crypto ETF by mid-year
"Gary Tiu, executive director and head of regulatory affairs of OSL, a Hong Kong-licensed crypto exchange, said that the special administrative region could potentially see the issuance of its first spot crypto exchange-traded funds by the middle of this year, according to local media.

The Hong Kong Economic Journal reported Monday that Tiu said that OSL is in close communication with many fund companies— and that five to 10 companies are currently studying such an ETF. Tiu added that around five companies have progressed faster than the others, with the possibility of rolling out Hong Kong’s first spot crypto ETFs by the middle of this year."

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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

Topic: US Spot Ethereum ETF - page 4. (Read 777 times)