• Advertise with us
  • Pricing
  • Submit News
Instagram Twitter Facebook Telegram Youtube Linkedin
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
  • News
    • Price Analysis

    Main News

    • Crypto News
    • Bitcoin and BTC
    • Altcoin News
    • Security & Hacks
    • ICO & Token Sales
    • Interviews & Profiles

    Information

    • Press Release
    • Research Report
    • Regulations, Law & Policy
    • Community/Guest Post
    • Events & Conferences
    • Tutorials & Guides

    Market

    • Technical Analysis
    • Price Analysis
    • Cryptocurrency Price Prediction
    • DeFi (Decentralized Finance)
    • Mining & Staking

    Other Categories

    • NFTs & Digital Art
    • Opinion & Editorials
    • Tech Innovations
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
More
  • News
    • Price Analysis
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
Reading: Countdown Continues for Ethereum ETF Funds: Here Are the Details
Share
Sign In
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
EdaFace Newsfeed > Latest News > Altcoin News > Countdown Continues for Ethereum ETF Funds: Here Are the Details
Altcoin News

Countdown Continues for Ethereum ETF Funds: Here Are the Details

vitalclick
Last updated: July 15, 2024 7:28 am
11 months ago
Share
SHARE

Notable developments in the cryptocurrency market continue to come to the fore. Accordingly, Spot Ethereum Ethereum’s price has risen above $3,300 in anticipation of the launch of exchange-traded funds by the end of this week. Ethereum is currently trading at $3,331, up 16% from $2,909 last week, according to TradingView data.

What’s Happening on the Ethereum Front?Remarkable Statement from a Famous Name

What’s Happening on the Ethereum Front?

ETF analyst and president of The ETF Store Nate Geraci, He reported that eight spot Ethereum ETF listings would open by the end of this week via X, and shared the following statements on July 14: A Prize Pool Worth 21 Million TL Awaits You from BinanceTR! Participating and winning has never been easier.. You can sign up to BinanceTR from this link. Get your first crypto!

“Welcome to Ethereum ETF approval week. I don’t know anything specific but I can’t see any good reason for further delay at this point.”

To Geraci According to an anonymous source familiar with the hearings, spot Ethereum funds are expected to launch by the end of this week, according to a July 12 report. Several issuers, including VanEck and 21Shares, filed amended registration applications last week in hopes of receiving final SEC approval to begin listing spot Ethereum ETF funds. Many analysts suggest that the launch of the ETFs will be a major driver of Ethereum’s price in the coming months.

Remarkable Statement from a Famous Name

Managing partner of crypto investment firm MV Global Tom Dunleavy, The manager said in a statement that he expects the funds to attract up to $10 billion in new inflows in the months following their launch, which he predicts will send Ethereum prices to all-time highs. He also said that contrary to popular opinion among other ETF analysts, Ethereum ETF funds will be easier sells for Wall Street than Bitcoin ETF funds:

“We believe there will be strong buying pressure, with a much clearer narrative that traditional investors can understand. Ethereum has cash flow.”

Dunleavy continued his statement: ETF He said his funds could be described as a tech stock, crypto app store or internet bond:

“This is for financial advisors digital a much easier sell than gold.”

The famous name added that the Ethereum price movement, which has lagged behind Bitcoin for the last 18 months, will recover rapidly after the funds are released to the market.

Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

You Might Also Like

May 20 Shock: UNİSWAP was sued

What awaits Ethereum in the future? What will be competitors?

These 2 Altcoin challenged market collapse! The rise reached 40 percent!

Terra Luna Classic Group reached 400 billion tokens burning threshold

Early space won! 232 dollars $ 1 million in this Altcoin

TAGGED:Altcoin
Share This Article
Facebook Twitter Email Print
Previous Article Must Buy Altcoins That Could Hit A New All-Time High 
Next Article Cardano and Shiba Inu Recover Last Week but Rollblock (RBLK) Leads The Charge
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Crypto Live Widget

Follow for Live Updates
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad imageAd image
Popular News
Cryptocurrency Regulation in Russia : Blockchain Development
Current Cryptocurrency Regulations in India
Explore Cryptocurrency Regulation in South Korea
2 Altcoins Win Trial
Claimed Bitcoin Inventor Craig Wright Gets Shocked in Court! His Assets Are Frozen

Company

  • Vision
  • Mission
  • LitePaper
  • Whitepaper
  • Core Values
  • Branding
  • Teams
  • Career Listing
  • FAQ
  • Welfare Donations

Products

  • EDA Token
  • Blockchain Literature
  • EdaFace Dex
  • EdaFace Mall
  • Listing Platforms
  • Newsfeed
  • NFT Marketplace
  • P2P Market
  • Scam Verification Centre
  • School of Crypto

Legal

  • Term of Use
  • Privacy Policy
  • Disclaimer
  • Listing T&C
  • Listing Platforms
  • Eda Token Policy

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

EdaFace

About US

EdaFace is a user interface aggregator that brings all the various functionalities of the crypto industry onto a single platform! You can advertise, launch and crowdfund your crypto project via EdaFace Launchpad and Newsfeed.

Contact us: support@edaface.com

Follow us

Instagram Twitter Facebook Telegram Youtube Linkedin

Copyright © 2022 – 2024. EdaFace is a product of Emerging Digital Age (EDA) Pty Ltd. All Rights Reserved.

Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
EdaFace
Welcome Back!

Sign in to your account

Lost your password?