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Fidelity Omits Staking From Spot Ethereum ETF Proposal 


Amid growing speculation about the potential approval of spot ethereum exchange-traded funds (ETFs), Fidelity Investments has revised its ether ETF filing, omitting all staking features previously included in the proposal. This update follows reports that ETF issuers were allegedly instructed...

Ethereum ETF Approval Odds Increase as SEC Asks For New Filings


SEC is asking exchanges for updated 19b-4 filings to decide on spot Ethereum ETF applications, while Bloomberg analysts estimate approval odds to increase to 75%. The post Ethereum ETF Approval Odds Increase as SEC Asks For New Filings appeared first on Cryptonews

Nigeria’s SEC-Crypto License


In May 2022, Nigeria’s Securities and Exchange Commission introduced a robust regulatory framework for virtual asset service providers, including digital asset exchanges. The framework required compliance with various laws and regulations to foster market integrity, safeguard investors, and deter...

Ethereum Jumps 18% Amid Speculation of SEC Approval for Spot ETFs


The value of ethereum (ETH), the second-largest cryptocurrency by market capitalization, has increased nearly 18% against the U.S. dollar due to speculation that the U.S. Securities and Exchange Commission (SEC) might approve some spot ether exchange-traded funds (ETFs). Market Buzz Lifts Ethereum...

Analysts Boost Odds for Ethereum ETF Approval to 75% Amid SEC Chatter


On May 20, 2024, Bloomberg Intelligence exchange-traded fund (ETF) senior analyst Eric Balchunas informed his 274,000 X followers that he and his colleague James Seyffart had increased their expectations for the approval of a spot-based ethereum ETF. “Update: [James Seyffart] and I...

Best Crypto to Buy Now May 20 – Fantom, Injective, Sui


As cryptocurrency markets push higher on Monday, with Bitcoin (BTC) surpassing $68,000 as traders look ahead of this week’s Fed meeting minutes release, Nvidia earnings and the SEC’s decision on spot Ethereum ETFs, investors are hunting for the best crypto to buy now that might hand them quick...

SEC may approve Spot Ethereum ETF’s 19b-4 first, delaying S-1


Two sides of the Spot Ethereum ETF have emerged now, and it is crucial for the US Securities & Exchange Commission to consider both for approval. Only then will the status of the said ETF become clear. The first side pertains to 19b-4, the approval of which enables exchange platforms to list...

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