⏺The SEC has approved in-kind redemption for spot Bitcoin and Ethereum ETFs. According to Bloomberg analyst James Seyffarth, upcoming approvals of altcoin ETFs will likely include this option by default.



⏺The SEC has also begun reviewing an application by BlackRock's iShares Ethereum Trust to add a staking option.

⏺For now, the regulator has postponed a decision on Grayscale's Litecoin and Solana ETFs and even Donald Trump's Truth Social Bitcoin ETF. #btc# #eth# #xrp# #sol# #ltc#
XRP-5.21%
SOL-2.59%
GT-0.99%
BTC-1.32%
ETH-3%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Share
Comment
0/400
Deltaprovip
· 07-30 07:53
ETH is outperforming BTC by 5x this quarter, which gives great hope for the start of the altseason. But today the markets are waiting for the rate decision, and there is a 98% probability that there will be a pause. BlackRock also believes in a pause 😏
There are even daredevils who are trying to go long: a whale opened a position on BTC for $76 million 🐳
Reply1
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)