Bitcoin ETF approved, next Ethereum ETF?

[snowpega]

The Cryptovator Indeed, The ETF of Bitcoin has been approved by the SEC which means the SEC has some positive ideas for the cryptocurrency industry which may also have a good impact on Ethereum ETF as well Indirectly. I hope we will be able to see some good news related to Ethereum ETF very soon if it happens we also will be able to see good Pump in those altcoins that have a connection with the Ethereum network like, ARB...

SEC has been putting much suspense before approving the ETF of Bitcoin to manipulate the market sentiments and I think they will do the same this time as well before approving the ETF of Ethereum. They will approve it suddenly and will be able to see good potential in the market by the investors. By the way, what do you think how soon they will approve Ethereum ETF? Because many people have Hopes with Ethereum ETF and We all know that ETF event is the most important event in the crypto industry ever happened..

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[rhomelmabini]

https://x.com/news_of_alpha/status/1745769388177842359?s=46&t=wHrUx5ZkTAtBKk5_0xEddQ

Even Larry Fink has now eye on it but I think that's not surprising at all. Well, can we see it being approved? I think so but they'll surely extend it same to what they did to Bitcoin. Bitcoin spot ETF has a close voting to be approved, what would you expect for the spot ETH ETF?

[Wexnident]

~

Definitely positive. I mean Bitcoin ETF has already been given a green light so I don't think anything else is stopping an Ethereum ETF from happening. Naturally the SEC would still have to do all their research stuff and whatnot before approving so it may take more time again just like Bitcoin ETF, but based on what we've experienced with ETH so far I don't think there's any bad aspects that are, well, bad enough for the SEC to not approve it. I reckon majority share the same sentiments really.

[GlacierBIT]

Ethereum is following in the footsteps of Bitcoin, the influence of regulatory authorities cannot be ruled out, no one can predict the exact timing of when this will happen, but serious changes should be expected this year. We just have to stay positive and if everything goes well, we’ll wait for the altcoin season.

[irsykes]

Positive ETF news brings joy to crypto investors. because of the ETF approval, all altcoins rose significantly. Although this is good, many people think on the other hand the purpose of the ETF approval comes. we don't know what time will come with good or bad news. global elite people are looking for business opportunities

[$crypto$]

After the approval of the Bitcoin ETF which went up instead of ETH I don't know what's behind all that because there was no increased reaction on bitcoin whereas when the news was fake bitcoin rallied even though it wasn't for long.

Bitcoin ETF approved being good news now moving on to ETH news will this be approved by SEC? I don't think it will be so fast then I see the news in May how the continuation about Ethereum ETF will be discussed as though.

I will wait for this moment to happen.

[Sophokles]

There was so much excitement about bitcoin ETF and many predicted that it would create buy pressure in the market and that bitcoin will create an all time high in January, which didn't happen. It makes sense because they already knew the bitcoin ETF would get approved so they just kept buying which pushed the market to its current level. So there aren't many things to buy in the market because those people have already bought bitcoin. Now many people are expecting that the ETH ETF will also get approved so they will start buying ETH as well and we will see a slow-up in the ETH price as well.

[Jating]

As we all know, the Bitcoin ETF is already approved. So, do you think the next ETF for Ethereum will be approved as well? Many companies, including BlackRock, have filled the Ethereum ETF as well. I believe the line is already clear to approve the Ethereum ETF since the SEC gave green light to the Bitcoin ETF. We have noticed significant price movements on Ethereum since Bitcoin EFT was approved. I don't see any reason not to approve the Ethereum ETF as well. The deadline is May for the Ethereum ETF. We have to wait for that. What's your thoughts about Ethereum ETF?

With the approval of Bitcoin Spot ETF, I do agree that it has open the floodgates for other crypto to apply as well including Ethereum. However, the question is, how do SEC look at Ethereum? If I'm not mistaken, they have deem it as a securities? And so with that decision of SEC, it could hurt ETH or it could help it  as well.

With that, it's going to be a long battle for Ethereum in my opinion. Even Bitcoin took years as well to have their first ETF approved. And so, it will be the same with ETF and there should be some entities that will really have to back it up to be able to get approval like Bitcoin. With the likes of entities like BlackRock and other big institutions that SEC has no choice but to give in with the demand.

[Mate2237]

It is very clear that Ethereum ETF will be approved since Bitcoin ETF has been approved because Ethereum is the second largest cryptocurrency used so far in the ecosystem. From now till May is still far so before then they would have deliberate on it to the satisfaction stage and approved it. And when Ethereum is approved then another one will come to the pipeline to be approved by four years to come and that should be either Dogecoin or Litecoin. But we don't know which is next after Ethereum. And really after the approval of Bitcoin ETF the price has started doing well though it is still on it unstable nature.

Bitcoin is always fighting for other cryptocurrencies to come without stress. Now Bitcoin is facing ordinals problem while other coins are free enjoying the freedom from Bitcoin fight. Bitcoin is a messiah to Al the cryptocurrencies in the ecosystem. And that is why everyone respect Bitcoin as their elder brother.

[Sophokles]

It is very clear that Ethereum ETF will be approved since Bitcoin ETF has been approved because Ethereum is the second largest cryptocurrency used so far in the ecosystem. From now till May is still far so before then they would have deliberate on it to the satisfaction stage and approved it. And when Ethereum is approved then another one will come to the pipeline to be approved by four years to come and that should be either Dogecoin or Litecoin. But we don't know which is next after Ethereum. And really after the approval of Bitcoin ETF the price has started doing well though it is still on it unstable nature.

Bitcoin is always fighting for other cryptocurrencies to come without stress. Now Bitcoin is facing ordinals problem while other coins are free enjoying the freedom from Bitcoin fight. Bitcoin is a messiah to Al the cryptocurrencies in the ecosystem. And that is why everyone respect Bitcoin as their elder brother.

There is no guarantee that ETH ETF will also be approved but as the CEO of Blackrock is also talking about ETH ETF on the live show that means they are already talking with the government about it. We all knew how influential all these people are. But people already started speculating about possible ETH ETF approval and that is the reason we have seen ETH price is going up slowly when it seems BTC is confused about its direction. It is either those asset managers or some whales who are stocking up on ETH right now that are pushing the price.

[Johnyz]

Ethereum is following in the footsteps of Bitcoin, the influence of regulatory authorities cannot be ruled out, no one can predict the exact timing of when this will happen, but serious changes should be expected this year. We just have to stay positive and if everything goes well, we’ll wait for the altcoin season.

Altcoins will surely follow and if you look at the trend, ETH pumps as well during the release of ETF approval. If there’s an ETF for ETH and SEC will also approve it, that can be a big update and the market will be hyped again. Do your best action now to accumulate more, 2024 will be more about positive news and adoption, its about time for the bullish trend so bag more crypto now as much as possible.

[jrrsparkles]

I too agree that things will go in the favour of Ethereum this time and already the market started to moved based on this speculation but the things didn't go well for bitcoin since its approved from price point of view that is what holding the other cryptos too from bullish but this is time to accumulate cryptos and the price is never going to be this cheaper in the next few months.

[JeromeTash]

Don't those guys (The SEC) still regard Ethereum as a security of sorts, and as far as I know never classified Bitcoin as one?
If BTC that is not a security had approval of spot ETFs take over a decade after the first filing now imagine how long they will have to take whilst trying to play hide and seek on approving an ETH ETF. If it is to be approved, then it won't be any time soon.

[nelson4lov]

We have to wait for that. What's your thoughts about Ethereum ETF?

Short answer: Moon mission


Long form answer: Ethereum is a mature asset like Bitcoin with a mature and extensive ecosystem as well (ETH Mainnet, L2s, EVM-compatible chains and even Rollups) etc. In. My opinion, Ethereum will most likely be approved for its ETF. The price has already started reacting because I'm beginning to see more and more users and traders alike speculating on a possible ETH ETF approval.

A quick look at coinmarketcap will tell you that majority of the projects in top 30 are either from Ethereum's ecosystem or are EVM compatible.

[2Pizza410000BTC]

As we all know, the Bitcoin ETF is already approved. So, do you think the next ETF for Ethereum will be approved as well? Many companies, including BlackRock, have filled the Ethereum ETF as well. I believe the line is already clear to approve the Ethereum ETF since the SEC gave green light to the Bitcoin ETF. We have noticed significant price movements on Ethereum since Bitcoin EFT was approved. I don't see any reason not to approve the Ethereum ETF as well. The deadline is May for the Ethereum ETF. We have to wait for that. What's your thoughts about Ethereum ETF?

If Bitcoin ETFs are approved then surely Ethereum ETFs will be approved. Since Ethereum ETF is supposed to be approved in May so hopefully it will be approved in May itself. I thought only Bitcoin was hedged by ETFs. I don't know that Ethereum has been captured by ETF? However, when the Bitcoin ETF is approved there must be an Ethereum ETF approval, if the Ethereum ETF is approved by May, we will see the highest price of Ethereum.

[wheelz1200]

As we all know, the Bitcoin ETF is already approved. So, do you think the next ETF for Ethereum will be approved as well? Many companies, including BlackRock, have filled the Ethereum ETF as well. I believe the line is already clear to approve the Ethereum ETF since the SEC gave green light to the Bitcoin ETF. We have noticed significant price movements on Ethereum since Bitcoin EFT was approved. I don't see any reason not to approve the Ethereum ETF as well. The deadline is May for the Ethereum ETF. We have to wait for that. What's your thoughts about Ethereum ETF?

I don't think that will be so quick.  That will blow the top open for all other altcoins to start having etfs.  It was a large enough effort to get this through I don't believe they are gonna roll over that quick on eth.  Just because it's a large cap alt doesn't stop it from being just another altcoin.

[JeffBrad12]

As we all know, the Bitcoin ETF is already approved. So, do you think the next ETF for Ethereum will be approved as well? Many companies, including BlackRock, have filled the Ethereum ETF as well. I believe the line is already clear to approve the Ethereum ETF since the SEC gave green light to the Bitcoin ETF. We have noticed significant price movements on Ethereum since Bitcoin EFT was approved. I don't see any reason not to approve the Ethereum ETF as well. The deadline is May for the Ethereum ETF. We have to wait for that. What's your thoughts about Ethereum ETF?

I don't think that will be so quick.  That will blow the top open for all other altcoins to start having etfs.  It was a large enough effort to get this through I don't believe they are gonna roll over that quick on eth.  Just because it's a large cap alt doesn't stop it from being just another altcoin.

its quite literally already on progress, many big investment companies have already filled ethereum ETF they definitely gonna follow this up after bitcoin was approved.
the other altcoin will definitely not gonna follow because I guess the only ones that are able to fill the etf for these coins are just these multinational big investment companies which definitely
are gonna be selective, as we all know these companies are so eager to invest in major coins like bitcoin and ethereum so therefore its no wonder that they are trying to get these ETF approved.
meanwhile the other altcoin gap in market capitalization if you see are also so big if compared with bitcoin and ethereum.

[Cryptoababe]

As Bitcoin ETF is approved, I think Ethereum ETF will also be approved. There have been news on Twitter about that. So we should expect it by May as thats the deadline. Meanwhile, I just wonder how ETH price might go against Bitcoin after then. But for now, I expect Bitcoin to be stronger. Although, I paired Both using Bitget smart portfolio to help me buy more of the weaker one as the stronger one pumps.

[arjunmujay]

As Bitcoin ETF is approved, I think Ethereum ETF will also be approved. There have been news on Twitter about that. So we should expect it by May as thats the deadline. Meanwhile, I just wonder how ETH price might go against Bitcoin after then. But for now, I expect Bitcoin to be stronger. Although, I paired Both using Bitget smart portfolio to help me buy more of the weaker one as the stronger one pumps.

If you look at the Ethereum marketcap, in my opinion, it's just a matter of time for the ETF to be approved. Take a look, until now there are still many investors who stake ETH and do not want to release it as is the case with bitcoin which is increasingly in demand and wants to own it for a very long period.
In my opinion, it is the right choice if you choose Bitcoin and Ethereum as a long-term investment vehicle. especially if in the end ETH is also approved for ETF

[poodle63]

As Bitcoin ETF is approved, I think Ethereum ETF will also be approved. There have been news on Twitter about that. So we should expect it by May as thats the deadline. Meanwhile, I just wonder how ETH price might go against Bitcoin after then. But for now, I expect Bitcoin to be stronger. Although, I paired Both using Bitget smart portfolio to help me buy more of the weaker one as the stronger one pumps.

If you look at the Ethereum marketcap, in my opinion, it's just a matter of time for the ETF to be approved. Take a look, until now there are still many investors who stake ETH and do not want to release it as is the case with bitcoin which is increasingly in demand and wants to own it for a very long period.
In my opinion, it is the right choice if you choose Bitcoin and Ethereum as a long-term investment vehicle. especially if in the end ETH is also approved for ETF

also to consider the fact that ETH are heavily being invested by these company that fill the ETF for bitcoin kinda make it obvious that eventually ETH ETF would be approved its just matter of time and as OP said there's baiscally no reason to refuse it as ETH in itself is also having quite the market capitalization and trading volume.
I think we already can see the future of ETH but with other altcoin we don't know for sure but just thinking that bitcoin and ethereum etf gets approved will definitely make the market bullish though the effect of bitcoin etf approval wasn't as massive as i'd think i guess its like the usual buy at rumour sell at the news.