Abiky (OP)
Legendary
Offline
Activity: 3304
Merit: 1381
www.Crypto.Games: Multiple coins, multiple games
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 22, 2024, 08:00:13 PM |
|
What are the odds for the SEC to approve a spot ETF for Ethereum by May? Gary Gensler used to say ETH is a security back then, but things could change now that Bitcoin spot ETFs were recently approved by the regulating entity. Market prices for ETH have been going down lately after BTC's downfall to $41k. So I'm wondering, is now the time to buy more ETH or should I wait for another dip? Your input would be greatly appreciated. Thank you. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
|
|
|
|
electronicash
Legendary
Offline
Activity: 3178
Merit: 1054
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 22, 2024, 08:13:28 PM |
|
although approving ETF depends on who is filing it. everything is too uncertain for the SEC to approve until they are done trolling it. i don't see a lot of discussion about ETH spot ETF, most probably Coinbase is also custodial.
if they approve Bitcoin ETF then there is also a chance of ETH ETF, we shall see how many times they have to reject this one yet. but now we know they approve the ETF when the price is about to get dumped.
|
|
|
|
Dunamisx
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 22, 2024, 08:17:34 PM |
|
What are the odds for the SEC to approve a spot ETF for Ethereum by May? Gary Gensler used to say ETH is a security back then, but things could change now that Bitcoin spot ETFs were recently approved by the regulating entity. Market prices for ETH have been going down lately after BTC's downfall to $41k. So I'm wondering, is now the time to buy more ETH or should I wait for another dip? Your input would be greatly appreciated. Thank you. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) If not for anything else, I would have suggested having this thread on gambling discussion section because I know many will love to argue their way in with this, but being here too is not a bad idea, we can engage the appropriate discussion on it, all I can say is that if Ethereum is granted, what do you think will be the fate of other cryptocurrencies as well for applying for theirs, as for Ethereum, even if there could be any consideration z then I think that will no longer be this year.
|
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
| ██▄▄██████████▄▄█████████ █▄██████████████▄████████ ███████▀▀▀▀███████▄▄▄▄███ █████████████████████████ █████████████████████████ ████████████▀▀▀▀▀████████ █████████████████████████ █████████████████████████ ████████████▄▄▄▄▄████████ █████████████████████████ █████████████████████████ ███████▄▄▄▄███████▀▀▀▀███ █▀██████████████▀████████ ██▀▀██████████▀▀█████████ | | | I © I |
|
|
|
batang_bitcoin
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 22, 2024, 08:28:55 PM |
|
Bitcoin went with tons of ETF applications years ago and the successful approval of it that happened recently has a backbone. If it is with the ETH ETF, IMO the chance is like 40/60. 40% chance of getting approved and 60% chance of being not. 40% in a sense that Bitcoin has been approved and that can influence the decision, 60% of being declined due to probably many setbacks and factors that will be figured out by SEC if these are like the first few applications.
|
Rent this sig space so that BTC goes to $100k.
|
|
|
GreatArkansas
Legendary
Offline
Activity: 2422
Merit: 1370
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 23, 2024, 01:55:54 AM |
|
With Bitcoin already approved. Ethereum has already got high odds it will approve too. We all know that Ethereum is a quality cryptocurrency after Bitcoin.
Just take a look at Silver ETF, which I can relate to Ethereum. After the GOLD ETF was approved, then Silver ETF also started. That is what I can see with Ethereum.
|
█████████████████████████ ████████▀▀████▀▀█▀▀██████ █████▀████▄▄▄▄██████▀████ ███▀███▄████████▄████▀███ ██▀███████████████████▀██ █████████████████████████ █████████████████████████ █████████████████████████ ██▄███████████████▀▀▄▄███ ███▄███▀████████▀███▄████ █████▄████▀▀▀▀████▄██████ ████████▄▄████▄▄█████████ █████████████████████████ | BitList | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . REAL-TIME DATA TRACKING CURATED BY THE COMMUNITY . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | List #kycfree Websites |
|
|
|
shinratensei_
Legendary
Offline
Activity: 3206
Merit: 1026
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 23, 2024, 02:02:48 AM |
|
the odds are pretty big to be honest there are many big investment companies shelling out money for ethereum investment they more likely are gonna be trying to push this as well. i think i've read the news about some company filling etf for ethereum before even bitcoin get approved i think anytime soon we will see some news about ETH but definitely prepare for the worst. Bitcoin went with tons of ETF applications years ago and the successful approval of it that happened recently has a backbone. If it is with the ETH ETF, IMO the chance is like 40/60. 40% chance of getting approved and 60% chance of being not. 40% in a sense that Bitcoin has been approved and that can influence the decision, 60% of being declined due to probably many setbacks and factors that will be figured out by SEC if these are like the first few applications.
honestly i think recent approval of ETF Bitcoin will have massive effect, its not like before where many higher ups are hesitating maybe because its a new thing but right now i think thing might be getting a lot easier for ETF of other coin as long as it got meaningful investment from big company that try to fill in the ETF to the authority.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
batang_bitcoin
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 23, 2024, 03:35:20 PM |
|
Bitcoin went with tons of ETF applications years ago and the successful approval of it that happened recently has a backbone. If it is with the ETH ETF, IMO the chance is like 40/60. 40% chance of getting approved and 60% chance of being not. 40% in a sense that Bitcoin has been approved and that can influence the decision, 60% of being declined due to probably many setbacks and factors that will be figured out by SEC if these are like the first few applications.
honestly i think recent approval of ETF Bitcoin will have massive effect, its not like before where many higher ups are hesitating maybe because its a new thing but right now i think thing might be getting a lot easier for ETF of other coin as long as it got meaningful investment from big company that try to fill in the ETF to the authority. We will see about that. Not just because there was an example of Bitcoin etf have been approved, it's going to be the same for the other cryptocurrencies spot etf. SEC has basis on it and I don't know what are those but we'll get to see about if they're going to be lite with that and will give a go signal and approval for it. If that happens to be approved, well all the ETH holders are going to celebrate by that time because it doesn't have usually at most times.
|
Rent this sig space so that BTC goes to $100k.
|
|
|
kentrolla
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 23, 2024, 05:27:34 PM |
|
I feel there might be further corrections or atleast few more market fluctuations and it would be better to wait for a while unless we are in for long term investment. Coming back to the point of whether spot ETH ETF can be approved or not I am positive about the outcome as don't find any reason as of now to think of which could be a blocker but at the same time it wouldn't have much impact on the price of ETH like it did for BTC.
|
█████████████████████████ ████████▀▀████▀▀█▀▀██████ █████▀████▄▄▄▄██████▀████ ███▀███▄████████▄████▀███ ██▀███████████████████▀██ █████████████████████████ █████████████████████████ █████████████████████████ ██▄███████████████▀▀▄▄███ ███▄███▀████████▀███▄████ █████▄████▀▀▀▀████▄██████ ████████▄▄████▄▄█████████ █████████████████████████ | BitList | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . REAL-TIME DATA TRACKING CURATED BY THE COMMUNITY . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | List #kycfree Websites |
|
|
|
Obim34
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 24, 2024, 12:10:46 AM |
|
In as much ETH is not bad as many other Altcoins in the market, there is a greater percent chance of approving it's spot ETF. Permit to use the term, ETH has been for time now the only altcoin competing with Bitcoin especially when it comes high market cap and I believe they will aswell want to remain in that standard.
How sure are you when the DIP will end, I believe every DIP at this point is profitable, if not wanting to purchase in lump sum then applying the DCA strategy should be regarded as an option.
|
| | . Duelbits | │ | | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | █████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ █████ | ██████████████████████████████████████████████████████ . PLAY NOW . ██████████████████████████████████████████████████████ | █████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ █████ | |
|
|
|
peter0425
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 2758
Merit: 453
CryptopreneurBrainboss managerial service
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 24, 2024, 12:53:01 AM |
|
We knew Vitalik's connection so if he will going to push this then there is no doubt it will happen but like what happened to bitcoin or will take longer? this will need tp go under so much straining and yeah Flowing of Ideas but eventually will be approved because there is no currency that may follow Bitcoin ETF first than Ethereum .
|
|
|
|
malcovi2
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1036
Merit: 75
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 24, 2024, 09:36:21 AM |
|
It's likely to happen because the hedgefunds are already panning out their Eth ETF after their BTC ETF has been approved.
|
|
|
|
Abiky (OP)
Legendary
Offline
Activity: 3304
Merit: 1381
www.Crypto.Games: Multiple coins, multiple games
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 24, 2024, 11:23:08 AM |
|
Bitcoin went with tons of ETF applications years ago and the successful approval of it that happened recently has a backbone. If it is with the ETH ETF, IMO the chance is like 40/60. 40% chance of getting approved and 60% chance of being not. 40% in a sense that Bitcoin has been approved and that can influence the decision, 60% of being declined due to probably many setbacks and factors that will be figured out by SEC if these are like the first few applications.
SEC chairman Gary Gensler used to call Ethereum a "security". I wonder if that will change now that Bitcoin spot ETFs were approved last week? Everything will depend on how the ETH network is structured. If it stays centralized, it'll be classified as a "security". Otherwise, it would be classified as a "commodity". I doubt Gary's stance towards ETH will change especially when the cryptocurrency has a PoS mechanism. It's largely controlled by whales and big exchanges like Binance and Coinbase. We'll see what happens in the long run. Rest assured that if ETH spot ETFs are approved, market prices will rise like crazy. At least, in the long term. Short-term speaking, prices will continue to decline at a fast pace (like what's happening now). No one can predict the future, so lets hope for the best. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
|
|
|
|
batang_bitcoin
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 24, 2024, 07:27:23 PM |
|
Bitcoin went with tons of ETF applications years ago and the successful approval of it that happened recently has a backbone. If it is with the ETH ETF, IMO the chance is like 40/60. 40% chance of getting approved and 60% chance of being not. 40% in a sense that Bitcoin has been approved and that can influence the decision, 60% of being declined due to probably many setbacks and factors that will be figured out by SEC if these are like the first few applications.
SEC chairman Gary Gensler used to call Ethereum a "security". I wonder if that will change now that Bitcoin spot ETFs were approved last week? Everything will depend on how the ETH network is structured. If it stays centralized, it'll be classified as a "security". Otherwise, it would be classified as a "commodity". I doubt Gary's stance towards ETH will change especially when the cryptocurrency has a PoS mechanism. It's largely controlled by whales and big exchanges like Binance and Coinbase. We'll see what happens in the long run. Rest assured that if ETH spot ETFs are approved, market prices will rise like crazy. At least, in the long term. That is for sure when ETH spot ETF gets an approval from the SEC, we'd definitely see the market price of it getting wild. Short-term speaking, prices will continue to decline at a fast pace (like what's happening now). No one can predict the future, so lets hope for the best. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) We've seen how it started with Bitcoin and that's likely what will happen to as those that holds a lot especially if there are institutions have it will have to unload all of their ETHs and we'd see the impact of it. But yes, typically we don't know what the future holds on this one and we'll just react when we reach there.
|
Rent this sig space so that BTC goes to $100k.
|
|
|
bluebit25
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 25, 2024, 06:23:57 AM |
|
I think the same scenario as bitcoin will also happen with ETH. From now until the moment of decision making, things will definitely not go smoothly. But negative/positive information will come out to bring doubt/trust feelings in ETH, although I also speculate that it will also be approved.
Because the Bitcoin ETF has paved the way for other cryptocurrencies to have an opportunity, a bit of a similarity in history because the Gold ETF was approved first and then the Silver ETF, so let's be positive about the issue. Hey, even if they refuse in May, it can't prevent this from happening in the future.
|
|
|
|
█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ████████▄▄████▄▄░▄ █████▄████▀▀▀▀█░███▄ ███▄███▀████████▀████▄ █░▄███████████████████▄ █░█████████████████████ █░█████████████████████ █░█████████████████████ █░▀███████████████▄▄▀▀ ███▀███▄████████▄███▀ █████▀████▄▄▄▄████▀ ████████▀▀████▀▀ █▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀BitList▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . REAL-TIME DATA TRACKING CURATED BY THE COMMUNITY . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀List #kycfree Websites▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ |
|
|
|
rhomelmabini
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 25, 2024, 06:01:22 PM |
|
What are the odds for the SEC to approve a spot ETF for Ethereum by May? Gary Gensler used to say ETH is a security back then, but things could change now that Bitcoin spot ETFs were recently approved by the regulating entity. Market prices for ETH have been going down lately after BTC's downfall to $41k. So I'm wondering, is now the time to buy more ETH or should I wait for another dip? Your input would be greatly appreciated. Thank you. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) May? That's totally unlikely but good exposure to make an ATH for it and probably start the next altcoins season. I think Gary was just no comment these days when it comes asking if ETH is a security he probably know that he'll lose once again, XRP even isn't a security what more to ETH. I think DCA'ing on 2k level is a no-brainer.
|
|
|
|
JayTrain
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1092
Merit: 105
Sugars.zone | DatingFi - Earn for Posting
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 25, 2024, 06:27:26 PM |
|
I believe the approval odds for an Ethereum ETF are just as promising as they were for BTC. With the recent approval of a Bitcoin ETF, my optimism is high for a potential approval of an Ethereum ETF and possibly other cryptocurrencies based on its blockchain. However, in the world of regulatory decisions, anything is possible. Figures like Gary Gensler add fuel to the fire by expressing support for considering Ethereum as a security. Nevertheless, I remain confident that sooner or later, the application will receive approval. It's just a matter of time.
|
|
|
|
Abiky (OP)
Legendary
Offline
Activity: 3304
Merit: 1381
www.Crypto.Games: Multiple coins, multiple games
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 25, 2024, 06:48:13 PM |
|
I think the same scenario as bitcoin will also happen with ETH. From now until the moment of decision making, things will definitely not go smoothly. But negative/positive information will come out to bring doubt/trust feelings in ETH, although I also speculate that it will also be approved.
Because the Bitcoin ETF has paved the way for other cryptocurrencies to have an opportunity, a bit of a similarity in history because the Gold ETF was approved first and then the Silver ETF, so let's be positive about the issue. Hey, even if they refuse in May, it can't prevent this from happening in the future.
Of course. The spot Bitcoin ETFs opened the door for institutional investment companies into other cryptocurrencies. Even if the ETH spot ETF gets delayed or rejected again, that doesn't mean it will never happen. BlackRock even hinted the possibility of a spot ETF for XRP. While we wait for the SEC's decision, we should buy and accumulate more coins to prepare ourselves for the "big pump". By investing early, we'd have a high chance of profiting in the future. It's likely ETH will soar all the way to $5k after the approval of spot ETFs. Hopefully, the cryptocurrency will be able to fix centralization issues in the long run. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
|
|
|
|
JeffBrad12
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 26, 2024, 01:24:53 AM |
|
I think the same scenario as bitcoin will also happen with ETH. From now until the moment of decision making, things will definitely not go smoothly. But negative/positive information will come out to bring doubt/trust feelings in ETH, although I also speculate that it will also be approved.
Because the Bitcoin ETF has paved the way for other cryptocurrencies to have an opportunity, a bit of a similarity in history because the Gold ETF was approved first and then the Silver ETF, so let's be positive about the issue. Hey, even if they refuse in May, it can't prevent this from happening in the future.
the recent news drop about the delay of greyscale's spot ethereum ETF being delayed same thing with bitcoin ETF it was being delayed quite few times. but as we see if bitcoin ETF is being approved at the end of the day after so many delay i think ethereum ETF will be the same it might eventually get approved by the SEC. but we will see though it all entirely depends on the authority themselves. also,even though ETF approval is great and all but remember like bitcoin the price might not be affected that much anyway, so im expecting the same thing with ETH ETF the news will be there but I think the market will not be significantly changing unlike when the rumour was still fire.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
rodskee
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 2478
Merit: 204
★Bitvest.io★ Play Plinko or Invest!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 26, 2024, 07:04:13 AM |
|
although approving ETF depends on who is filing it. everything is too uncertain for the SEC to approve until they are done trolling it. i don't see a lot of discussion about ETH spot ETF, most probably Coinbase is also custodial.
if they approve Bitcoin ETF then there is also a chance of ETH ETF, we shall see how many times they have to reject this one yet. but now we know they approve the ETF when the price is about to get dumped.
Maybe there is no lot of talks about this ETF because we have just done in Bitcoin so having this in table is not that appropriate at least not for now so people are just holding their thoughts but not because they are keeping silent meaning there is no interest from Ethereums part because I know this is the next one to be pushing . I think the same scenario as bitcoin will also happen with ETH. From now until the moment of decision making, things will definitely not go smoothly. But negative/positive information will come out to bring doubt/trust feelings in ETH, although I also speculate that it will also be approved.
Because the Bitcoin ETF has paved the way for other cryptocurrencies to have an opportunity, a bit of a similarity in history because the Gold ETF was approved first and then the Silver ETF, so let's be positive about the issue. Hey, even if they refuse in May, it can't prevent this from happening in the future.
and one thing for sure, this will take time to be published approving because we even wait for how many years for bitcoin so what more for altcoins?
|
|
|
|
Volimack
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 462
Merit: 13
★Bitvest.io★ Play Plinko or Invest!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 26, 2024, 10:00:04 AM |
|
This scenario marks a significant moment for the cryptocurrency market as it indicates greater institutional acceptance of bitcoin and potentially other cryptocurrencies. Approval of ETFs Ethereum is emerging as one of the main beneficiaries of this latest wave of optimism. The potential approval of spot Ethereum ETFs is significant for several reasons. First it will open up the cryptocurrency market to a wider range of investors making new investments. Also a spot Ethereum ETF will be valued directly from the real time price.
|
|
|
|
|