Bitcoin Forum

Eight new Ethereum ETFs are launching on soon, allowing investors to buy Ether like stocks without needing a crypto wallet. These ETFs aim to diversify crypto investments beyond Bitcoin and are expected to attract institutional and retail investors, potentially boosting Ether's price and the broader crypto market.

Just like the BTC ETF that have been previously approved, this is a call for celebration as it edges the world closer to global adoption of cryptocurrency and pretty much most big
players in cryptocurrency should celebrate this.

What do you guys think the ETH ETF will bring? Let me know

https://i.postimg.cc/Zn0qV588/ss2.png (https://coincu.com/268637-ethereum-etf-trading-is-now-listed-on-bloomberg/)

ETH ETF could bring about huge inflow to the ethereum market and also pump its price but I guess it will be smaller effect compared to BTC ETF, which is normal since overall market cap of ETH is lesser than bitcoin.
but i think the market sentiment will also have big role, since market is quite uncertain on what path bitcoin gonna take whether it's gonna be bullrun or retesting the bearish resistance again.

overall pretty bullish with current circumstance but always on the lookout for the people that sell at the news.

there will be definitely speculations that could potentially make ethereum rise in price if the timing is perfect it could even coincide with bitcoin finally breaking out the 70k usd mark thus giving us a proper bull run

I expect ETH to go like a rocket in some non distant future, it is a very exciting an anticipated event for me. The pump should be close.

Yes definitely it won't have as much effect as the BTC ETF but I expect some kind of bullish movement from ETH even if it might just be temporary

It's good for more liquidity but it's not that exciting since the product isn't too beneficial. People can always buy BTC/ETH directly in CEX. What I need is more like a basket of tokens like VOO, SPY, etc., which are a basket of securities. So I don't need to buy individual stocks to create a portfolio. I only need to buy this ETF to get hundreds of stocks at a fraction of the cost (compared to if I buy it individually).

One word. It'll be bullish, not instantly though, it took a while for us to start seeing the effects of Bitcoin etfs, I think it'll be the same. If you've got time, you can look at this >>eth ETF trade bonus (https://www.bitget.site/support/articles/12560603812931). Probably an opportunity to stock up on your eth bags

This has been discussed many times before. I don't get what the hype is all about. What makes ETH spot ETFs better than their BTC counterparts? ETH is a big market cap coin, but it's nowhere near close to BTC in terms of mainstream adoption and decentralization. I'd expect a smaller capital influx into ETH spot ETFs compared to BTC spot ETFs.

Despite these facts, I'm certain ETH spot ETFs will trigger a massive boost in market prices. Especially altcoins. Many are talking about Solana ETFs once ETH ETFs receive the "green light" from the SEC. Afterwards, we might be seeing spot ETFs for Litecoin, Bitcoin Cash, Zcash, etc. A big win for holders of these coins if you ask me. With "Wall Street" in the game, many early adopters of crypto will become filthy rich in the future. That's what we want, right? :D

You said it can provide more liquidity, then this is really exciting. If you mean about the ETF directly, then yes because we are not the target customer of it because we already get used to the old way of acquiring a crypto. Only those who are more in a traditional way are the ones who are going to be excited for this. The basket that you are talking about have already existed but if you mean about the crypto one, there is also one presented here before by a user named Pandora, (not sure if I got that correctly).

Is ETF? The same with it? I even searched what ETF mean and it seems I'm correct because this is also what its definition are saying. That is, it holds multiple assets, stocks, etc... and it seems that you now realize their importance there. This could be their main advantage over buying a crypto manually in the crypto exchanges.

Well it could initially be a sell the news event. Bitcoin ETFs didn’t pump the price initially, it took a while. I expect something similar could happen with the Ethereum ETFs. Although, Bitcoin is beginning to move up at the moment & alts usually closely follow. In other words, be prepared for all possibilities but obviously mid to long term, Ethereum ETFs will bring a lot of capital in.

Its good to see the development happen on those ETF applications, but don't expect anything about it. Since if you are looking for good price growth then maybe you will just might get disappointed if the price rise will never came if that approval happens.

So just to your normal activities and focus to generate good profits from your investment. If they approve ETH ETF then its good since that means slowly top alts became more better and for that we would see that lots of investor are now exploring the possibilities to trade Bitcoin or ETH.

For more ETFs to follow. BTC started it, ETH followed soon after, I reckon we're going to see a lot more of the mainstream coins in the future. Most likely the ones that people most recommend to invest since they're generally profitable in the long run.

Celebration? Ehh I think we've done enough with Bitcoin ETF. Anything that follows after just basks in its remaining glory imo. As for price, could potentially give a spike but if we were to compare it with the Bitcoin ETF, it didn't actually make a wave in the market afaik. Might see the same here.

I am not sure what these ETFs will bring specifically, but judging by the excitement you have shown, I think they will have a positive impact. If these ETFs are successful, it could lead to an altcoin season, possibly sparking a small bull run. I am hopeful about the outcome, but it all depends on the demand on the exchanges where they will be traded. If the demand is high like it is for Bitcoin ETFs, then it is good news for everyone in the community. I believe it is best to observe the cryptocurrency market after the trading begins, as it will take some time to see the results of the ETF outcomes.

       -      It looks like the crypto space is slowly getting more attention after the bitcoin spot and ETH approval. Later, I am pretty sure that the crypto currency will not really spread in the market.

We know that when things like this happen, many people will be interested. And even bigger companies will get into it as long as they know the altcoins itself has an 100% profit in the future.

I've never appreciated this ETF of a thing like many of you guys do. Crypto has prepared for its way of purchasing, selling, trading, investing etc naturally by itself, so this ETF of a thing is just a copycat of the traditional ways. People forget that stocks and other non-FX assets can't accept funds and pay withdrawals all by themselves but through third parties (brokers and ETFs) that's the difference, they need it. But Bitcoin and other crypto can, which will not make the ETF of a thing make so much difference. Even if people know the difference better, they would prefer handling their funds all by themselves.

However, ETF will still be able to convert some new adopters who are afraid of direct crypto investments but such investors are still unaware because they are investing in the same projects. If anything, they will have to pay more because ETF companies will not serve you for free. Let's see how it goes. Nevertheless, their performance will also follow the hierarchy of the market capitalization of the current crypto standing where Bitcoin will lead, Ethereum will follow and so on. This will continue even if 1000+ cryptos get the approval, ETF can change nothing.

I would say that it will definitely help with buying, a lot of people will be willing to buy ETF over buying the coin itself. This is why it's quite clear that we can't make it work any other way, it has to be something that will take some time. I would say that it is going to be hard to handle, it will not be simple, but we need to make sure that we are dealing with something that will take some time.

This is why I believe that we are dealing with something that will make us a lot of money as well. ETF companies are dealing with THOUSANDS of customers every day about this, so when they do it, that is why it will be so hard for them, but for us? We will not deal with any of that, and we will just profit from the increase without dealing with any of those customers.

And you may think those customers could be easy people to handle, but these are people who failed to buy a coin, so they needed someone to talk to in order to be able to buy it, the yare basically people who have no idea about any of this, and will bother the customer support like crazy. I sense that it will be good for the market, we just need to make sure that we can handle everything else, keep buying up and wait for the ETF's to bulk buy them.

It will bring nothing but more speculation. There is nothing special in ETF other than the attraction it brings from the institutional investors, it brings their attention to crypto but the money doesn't comes to crypto, it's stays in heir ETF trading place where there buy and sell doesn't affect the price of crypto, in short they all followed crypto and behave like crypto but they are not crypto but just people that want crypto but doesn't want to buy real crypto.

The ETFs will only makes coins concentrated to a single people as usual. Look at Blackrock for instance, people are buying ETFs and they are the ones keeping the equivalent number of Bitcoin been bought and it doesn't differentiate it from the centralized exchanges where users keep their coins on their exchanges. I just think the ETF are given publicity to crypto that's all unless because there is no way the demand of institutional will be bigger than that of real crypto users that used the main network.

The question is how much liquidity will it bring to the table, probably not that high since people can always buy ETH directly in the exchange. Even people can buy it off the market via P2P, friends, etc.

Which ticker? AFAIK Pandora is a company name, not an ETF product.

There are many types of ETF, based on let's say underlying/tracked assets, at least can be divided into:
- Single asset, only track 1 type of asset, for instance, BTC
- Multi-asset, track 2+ assets but not hundreds, for instance, IDX30 ETF
- Index, track hundreds of assets, for example, VOO, SPY, VTI, etc.

Single-asset ETF isn't too beneficial especially for crypto since the hassle of making an account for the mainstream market is way higher than registering on Binance or whatever.

I've read speculations that the motivation behind the SEC’s decision is that crypto policy has become an election issue since Trump adopted a pro-crypto stance, which of course we heard Trump clearly declaring his stance for crypto invest investment. ETH ETF is likely to drive an increased demand for Ethereum. Imagine the Standard Chartered's target is higher, predicting ETH could reach $8,000 by the end of this year and $14,000 by 2025. Such bold predictions are what I like. Some CEX like Bitget are already offering events that reward users in ETH. Talking about the likes of Trade to share 7 ETH, and a signup bonus reward in ETH. A couple of other events in this space to drive an increased demand for Ethereum. Meanwhile many are not aware that there's no staking reward for holding ETF.

Just hype and nothing more that ETH ETF will bring to the market however, there will be little cash inflow because of the nature of Etherum and not many people will jump into it like they do with bitcoin.

We might be expecting the price of Etherum to pump but not up to the way bitcoin pumped and got a new ATH. Bitcoin price will still control Etherum price after the approval of ETH ETF.

knowing the little FDV that ETH is having compared to BTC, this speculation is plausible, because ETH itself by holding it directly instead of through ETF can get the benefit of staking ETH for additional APY in many platforms, the nature of the blockchain that is smart contract incentivizes people to interact with projects and get good return, with ETF, i doubt we can do that, but for people that only care about investing ETH and doesn't bother about using ETH to boost APY through staking, ETF might be a good choice.

but from this alone we can kind of deduct that ETF will not be as big as BTC like as you said, the inflow will only little compared to BTC ETF.

We still gotta watch over the situation, we are close to the resistance zones and they should be broken soon!

I would say that it is not the same people. People who think they could buy eth and hold it and even stake it ,are not the people who are happy to buy etf of it. ETF people are more "lets wear our suit and drink champagne and go to big luxury parties" type of wall street crowd. They have billions to manage, and they want to throw some 15 million into this because why not. That is why I think it is going to be big enough, obviously not as big as bitcoin etf, but it is still going to be good enough.

There will be a lot of pensions, and rich folks, and billionaires, who will not want to deal with getting btc or eth directly, and they just get the etf and make the company deal with it instead. This means billions could come pouring into ETF for ETH as well, and I think it is going to be good for ETH. If we suddenly see ETH become 10K+, I would not be shocked and that could happen within next 1 year. Along with ETF, we are expected to have some bull run because of the halving as well, and alt season should start sometime there too. All of this combined, could mean that ETH price could reach 10k+ in the next year or so. Not an easy choice, just saying that it will not be impossible neither.

5 ETF ETH spot begins trading today at 23rd july but it makes me wonder why the price hasn't grown up ever since, current state of ETH just plainly following BTC price movement wherever it goes it's such disappointment honestly.

are the retailer grown bored of the ETF narrative or what?  ::)

https://i.postimg.cc/903cj8L5/eth.png

been itching to see how my ETH long gonna fare with the news of ETH ETF spot going live but it seems it's too underwhelming ;D. really need something big to happen  :P.

Well it is today we will see the approval for ETH etfs by the sec. I do think we are going to see some 'bullish' signs for ETH but maybe we do not see some huge gains for us to begin with.

https://cryptoslate.com/sec-issues-final-approval-for-spot-ethereum-etfs-to-begin-trading-on-july-23/

I do believe that's the case, however, we can also see the final hunt for liquidity beforehand and see the price of around $3,100 or a bit less on ETH. I wouldn't suggest using this opportunity for futures trading because of that exact reason, the spot would be great and could bring a good profit in some time. NFA.

I think that's the bitget event the other forum member mentioned. I'm going through the link. Eth ETF has been approved though. So I'm taking a long position long term with x5 leverage already. Let's see how much profit I make by the end month & I'll probably take a bet on the initiative. Not fading on any avenue to gather some ETH.  for traders look for long on ETH, use 1hr time frame. NFA though

Same thing I just mentioned  be careful though and apply risk management

Good luck and keep us updated on your long positions for the month!

We can't expect immediate results. Can we? After all, it took a few months for BTC to reach higher market prices following SEC's approval of the spot ETFs. With due time, ETH's market price will go all the way to the moon. I'm 100% sure ETH will reach a new ATH in the near future. $10k per coin is just the tip of the iceberg.

Companies are showing huge interest in Web3, so expect ETH to grow bigger and stronger than ever. It won't surpass BTC, though. After all, the latter is the one cryptocurrency that started it all. Once the ETH spot ETF hype ends, the market will focus itself on Solana spot ETFs. It's the next big thing. Just you wait and see. It would be dumb enough not to buy and "hodl" these coins long-term, right? :D

price has exactly hits $3100, feels like a really interesting price knowing that currently the people that were bullish on the ETF going live are the same people that sold at the news, this dump is to be expected.
even with current fear and greed index it just doesn't feel natural that price suddenly dumps so I think current dump is because the ETF already out so there's nothing that could help price increase further so people just outright dump.
we might be seeing streak of outflow following this dump though same thing like what happened to BTC back then.

If ETH really dumps below $3000, i'll be readying my life saving to go all in with ETH.