Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Topic started by: Yamane_Keto on April 06, 2024, 11:37:10 AM
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At the beginning of this year, the SEC approved the first bitcoin ETF spot, which led many to speculate that Ethereum is the next one and even some applications from Fidelity, Bitwise, and Grayscale, but what makes me doubt that this will happen soon is
- The presence of ICO, NFT, and DeFi tokens on the Ethereum blockchain, and many of these tokens have been linked to fraud.
- ETH staking, as there is an additional return from holding Ethereum.
- Securities and Exchange Commission is investigating whether Ethereum should be classified as a security
I believe that all of these reasons are enough to delay the approval of the Ethereum ETF during this year. Do you think my fears are real?
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- The presence of ICO, NFT, and DeFi tokens on the Ethereum blockchain, and many of these tokens have been linked to fraud.
- ETH staking, as there is an additional return from holding Ethereum.
- Securities and Exchange Commission is investigating whether Ethereum should be classified as a security
I believe that all of these reasons are enough to delay the approval of the Ethereum ETF during this year. Do you think my fears are real?
You are right but the reasons aren't convincing enough. You made mention of ICO fraud and scams, Defi tokens and NFTs but what about Bitcoin, didn't fraud happen in Bitcoin? Didn't NFTs and ordinals NFTs were launch on Bitcoin as well, I just think that reason is not enough to deny them Ether ETF.
You maybe right and your reasons about stake ethereum. If you look at ethereum, it's too centralized for an assets that want to have an ETF, if anything should happen to those staked ETH, there is going to be high rate of market manipulation and it will affect people that bought ETF and that's what SEC don't want to see happen, compare it to Bitcoin, it's not like Bitcoin that's decentralized.
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You are right but the reasons aren't convincing enough. You made mention of ICO fraud and scams, Defi tokens and NFTs but what about Bitcoin, didn't fraud happen in Bitcoin? Didn't NFTs and ordinals NFTs were launch on Bitcoin as well, I just think that reason is not enough to deny them Ether ETF.
You maybe right and your reasons about stake ethereum. If you look at ethereum, it's too centralized for an assets that want to have an ETF, if anything should happen to those staked ETH, there is going to be high rate of market manipulation and it will affect people that bought ETF and that's what SEC don't want to see happen, compare it to Bitcoin, it's not like Bitcoin that's decentralized.
The SEC's stance on ETH Spot ETFs is currently unknown, but there is speculation that the SEC is investigating Ethereum and may want to charge ETH as a security. However, if the SEC does not approve ETH Spot ETFs, they will face major Wall Street firms in court and need to have a good enough reason to explain without losing the case like they did in the lawsuit with GrayScale regarding BTC Spot ETFs.
I think the only way the SEC can do this is to delay for a special reason, such as staking rewards on Ethereum. I don't think the SEC wants to charge ETH as a security to go head-to-head with the CFTC, which has classified ETH as a commodity. Anyway, we will have ETH Spot ETFs soon, this year or next!
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With the recent developments happening with connection to this issue, I am making my own personal prediction of the high likelihood for SEC to delay the final approval of ETFs for Ethereum. Well, just like what they did with BTC before. There is an ongoing inquiry as to the basic question if ETH can be defined as a security or a commodity and until this is finally laid to rest then SEC may choose not to act yet on the pending applications even if many of them are considered to be powerful and influential. Plus, we know that 2024 is a big election year so there is more reason for SEC to stay on the status que...not unless of course there can be a court order for them to proceed smoothly with the approvals. I guess that 2025 can be the best year for ETH ETFs and this way BTC ETFs can enjoy the limelight the whole of 2024.
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With the recent developments happening with connection to this issue, I am making my own personal prediction of the high likelihood for SEC to delay the final approval of ETFs for Ethereum. Well, just like what they did with BTC before. There is an ongoing inquiry as to the basic question if ETH can be defined as a security or a commodity and until this is finally laid to rest then SEC may choose not to act yet on the pending applications even if many of them are considered to be powerful and influential. Plus, we know that 2024 is a big election year so there is more reason for SEC to stay on the status que...not unless of course there can be a court order for them to proceed smoothly with the approvals. I guess that 2025 can be the best year for ETH ETFs and this way BTC ETFs can enjoy the limelight the whole of 2024.
In my opinion, the ethereum ETF will be postponed because the SEC is still conducting studies on ethereum coin. Maybe one of the factors why the ETF is pending is because the supply of ethereum is too large, in contrast to bitcoin which is limited. And it wasn't easy for the SEC to approve it.
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Of course, there are concerns that ETH Spot ETFs will not be approved for many reasons, perhaps the most important of which is that the SEC is looking into classifying Ethereum as a security.
Today I was reading an article on the same topic. In an interview with CNBC on April 9, the CEO of investment firm VanEck says that the SEC is unlikely to approve ETH Spot ETFs. Likewise, the CEO of CoinShares, Jean-Marie Mugnitti, is similarly pessimistic the same thing.
In my opinion, even if there is pessimism and approval seems difficult at the present time, it will come in the end, because large companies including (Grayscale), (BlackRock), and (Fidelity) want to enter and will press with all their might to obtain approval.
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It is plausible to have that kind of reasoning with having ETH ETF be more successfully reviewed with the following. It's probably more into getting the approval of the SEC and to show to the people that it's worth being approved or something.
I guess it's time to get more ETH.
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There is still debate and it is still not approved. The solution is that this can be done in 2024, as is the case with Bitcoin, the hope is that it will be approved. But is it possible?
It is still not known what its fate will be, whether it will be approved with several conditions or whether it will even be rejected. Let's just see next month, in May, because there are rumors about that. Even worse, there are rumors that it is very likely that the Ethereum ETF will be rejected and not approved. Yes, we'll see what the final result will be.
https://cointelegraph.com/news/ethereum-spot-etf-probably-rejected-van-eck-ceo
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It's a matter of time, not today but in some time it will happen anyway. + in any case the big players will manipulate the price. As soon as the first news on this issue will appear, I will close all positions on ETH, so that in case of what - there would be no unpleasant situations.
P.S. In case of anything - don't get euphoric, cheating can happen everywhere. Absolutely no one is interested that we earn money. + most of the news may already be embedded in the price of the asset. 8)
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At the beginning of this year, the SEC approved the first bitcoin ETF spot, which led many to speculate that Ethereum is the next one and even some applications from Fidelity, Bitwise, and Grayscale, but what makes me doubt that this will happen soon is
- The presence of ICO, NFT, and DeFi tokens on the Ethereum blockchain, and many of these tokens have been linked to fraud.
- ETH staking, as there is an additional return from holding Ethereum.
- Securities and Exchange Commission is investigating whether Ethereum should be classified as a security
I believe that all of these reasons are enough to delay the approval of the Ethereum ETF during this year. Do you think my fears are real?
of course we will see them, they are already working to bring them up
but clearly the SEC cools the spirits but they will certainly see the light
in my opinion the various investment funds are trying to create the right timing to make the most of the current hype
I'm sorry to think this way but those are clever people ready to do anything to speculate
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I think the only valid reason for them to disapprove of ETH ETF is the security accusation, which is arguably weak and would make their judgment feel inconsistent if they suddenly said ETH is a security after years of quiet approval that they are not. Then again Bitcoin ETF has been delayed many times without any new reasoning so I'd not be surprised if they hinged on this angle and used it as a reason to postpone ETH ETF many times in the future. I'm curious if they approve this on a bear market, whether there will be a significant impact, or will ETH still follow BTC price action.
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I think the only valid reason for them to disapprove of ETH ETF is the security accusation, which is arguably weak and would make their judgment feel inconsistent if they suddenly said ETH is a security after years of quiet approval that they are not. Then again Bitcoin ETF has been delayed many times without any new reasoning so I'd not be surprised if they hinged on this angle and used it as a reason to postpone ETH ETF many times in the future. I'm curious if they approve this on a bear market, whether there will be a significant impact, or will ETH still follow BTC price action.
they cannot help but approve it, when the financial lobbies are behind it, in the end they will give in
because all the objections they may raise will find a way to resolve them
see with Bitcoin ETFs, they didn't want the signed methods at the beginning and asked to always switch to dollars, and they changed
and consequently ETF approved
Maybe it will take time, but it's inevitable
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I think the only valid reason for them to disapprove of ETH ETF is the security accusation, which is arguably weak and would make their judgment feel inconsistent if they suddenly said ETH is a security after years of quiet approval that they are not. Then again Bitcoin ETF has been delayed many times without any new reasoning so I'd not be surprised if they hinged on this angle and used it as a reason to postpone ETH ETF many times in the future. I'm curious if they approve this on a bear market, whether there will be a significant impact, or will ETH still follow BTC price action.
There is always a reason for the SEC to disapprove an Ethereum ETF, as you said security. Some also say the supply is too large. Let's see what tools the SEC will use. or maybe the SEC will approve an ethereum ETF, that would be a very good thing if it happened. because it seems like ethereum lovers are waiting for this, and this will be good news for all altcoins, because later there will be other altcoin ETFs
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I think the only valid reason for them to disapprove of ETH ETF is the security accusation, which is arguably weak and would make their judgment feel inconsistent if they suddenly said ETH is a security after years of quiet approval that they are not. Then again Bitcoin ETF has been delayed many times without any new reasoning so I'd not be surprised if they hinged on this angle and used it as a reason to postpone ETH ETF many times in the future. I'm curious if they approve this on a bear market, whether there will be a significant impact, or will ETH still follow BTC price action.
There is always a reason for the SEC to disapprove an Ethereum ETF, as you said security. Some also say the supply is too large. Let's see what tools the SEC will use. or maybe the SEC will approve an ethereum ETF, that would be a very good thing if it happened. because it seems like ethereum lovers are waiting for this, and this will be good news for all altcoins, because later there will be other altcoin ETFs
the SEC always has something to say, if you look at the odyssey for the approval of Bitcoin ETFs you realize that I'm right about that
they are nice guys from this point of view, but unfortunately they decide and we can't do anything
they had the senate call them back, just to understand
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There is always a reason for the SEC to disapprove an Ethereum ETF, as you said security. Some also say the supply is too large. Let's see what tools the SEC will use. or maybe the SEC will approve an ethereum ETF, that would be a very good thing if it happened. because it seems like ethereum lovers are waiting for this, and this will be good news for all altcoins, because later there will be other altcoin ETFs
This is the problem, if Ethereum is accepted into the ETF then there is a possibility that other altcoins will enter the ETF, of course this will pose a greater risk because altcoins have a very high risk and altcoins have price movements depending on the project being developed, if The ETF has accepted altcoins and after that the project developed in this altcoin collapsed, which will make the SEC pay for the decisions they made and of course this is very detrimental for them.
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Ether ETF will come eventually because it was approved in HongKong. Nothing wrong if altcoins will have its ETF. Its not like its new after a few months.
Having some of them will still make you money if you hold some. It will be a lot fun when top coins are on ETF. Mr profits for early holders.
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This is the problem, if Ethereum is accepted into the ETF then there is a possibility that other altcoins will enter the ETF, of course this will pose a greater risk because altcoins have a very high risk and altcoins have price movements depending on the project being developed, if The ETF has accepted altcoins and after that the project developed in this altcoin collapsed, which will make the SEC pay for the decisions they made and of course this is very detrimental for them.
ok I understand what you're saying, but there are altcoins that are really crap, like Doge
It's not just me who says it but the creator of Doge himself also says it, which is not a serious coin
now I stay well away from Doge and I would stay well away from an ETF on Doge assuming it comes out
remember the companies that make ETFs don't risk money but they risk their faces, an ETF on Doge will never exist
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This talks more about future expectations which we may not be able to predict accurately what may happened concerning the approval for Ethereum ETF application being approved or not, but we can wait and see till that time comes, just as many already have anticipated to see that this come to reality one day, the final decision depends on the SEC upon how convinced they are about Ethereum before granting approval.
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Absolutely! Let's talk about future expectations regarding whether or not your Ethereum ETF application will be approved. It is true that we cannot accurately predict what will happen, but we can wait and see what will happen. Many already expect this to become a reality one day! The final decision will depend on the SEC and how convinced they are about Ethereum before granting approval.
I can't do otherwise, they can ask for bigger clauses but in the end the garden gnome Gary will have to bend like he did for Bitcoin 🚀
Bended Gary is best position for Gary 🚀
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Absolutely! Let's talk about future expectations regarding whether or not your Ethereum ETF application will be approved. It is true that we cannot accurately predict what will happen, but we can wait and see what will happen. Many already expect this to become a reality one day! The final decision will depend on the SEC and how convinced they are about Ethereum before granting approval.
I can't do otherwise, they can ask for bigger clauses but in the end the garden gnome Gary will have to bend like he did for Bitcoin 🚀
Bended Gary is best position for Gary 🚀
It is possible that the ethereum ETF will be approved, because after the bitcoin ETF I saw quite good market movements and responses. That's right, it all depends on the SEC and maybe right now the SEC is studying the proposal, so let's just wait and see whether in May we will see the ethereum ETF approved, let's see
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It is possible that the ethereum ETF will be approved, because after the bitcoin ETF I saw quite good market movements and responses. That's right, it all depends on the SEC and maybe right now the SEC is studying the proposal, so let's just wait and see whether in May we will see the ethereum ETF approved, let's see
Bitcoin and Ethereum are of course very different, in terms of security and supply, Bitcoin is better than Ethereum. This is why until now the SEC has still not given Ethereum approval to be listed in an ETF.
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Absolutely! Let's talk about future expectations regarding whether or not your Ethereum ETF application will be approved. It is true that we cannot accurately predict what will happen, but we can wait and see what will happen. Many already expect this to become a reality one day! The final decision will depend on the SEC and how convinced they are about Ethereum before granting approval.
I can't do otherwise, they can ask for bigger clauses but in the end the garden gnome Gary will have to bend like he did for Bitcoin 🚀
Bended Gary is best position for Gary 🚀
It is possible that the ethereum ETF will be approved, because after the bitcoin ETF I saw quite good market movements and responses. That's right, it all depends on the SEC and maybe right now the SEC is studying the proposal, so let's just wait and see whether in May we will see the ethereum ETF approved, let's see
more than anything you also have to consider the fact that Buterin is going around looking for sponsors
this is what it appears and we have a JP Morgan very interested in the concept of eth, a concept we remember well in the hands of a handful of people
Having said this, I think it will explode and we will have ETFs, the interests are too high
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more than anything you also have to consider the fact that Buterin is going around looking for sponsors
this is what it appears and we have a JP Morgan very interested in the concept of eth, a concept we remember well in the hands of a handful of people
Having said this, I think it will explode and we will have ETFs, the interests are too high
Everyone hopes that the ethereum ETF will be approved, because this will have an impact on the price of ethereum, but it seems that the SEC has not yet decided on this.
If JP Moregan was attracted by Buterin's invitation, and invested there. What I hope is that with this, the Ethereum Team will immediately solve the problem in its project, namely high gas fees
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more than anything you also have to consider the fact that Buterin is going around looking for sponsors
this is what it appears and we have a JP Morgan very interested in the concept of eth, a concept we remember well in the hands of a handful of people
Having said this, I think it will explode and we will have ETFs, the interests are too high
Everyone hopes that the ethereum ETF will be approved, because this will have an impact on the price of ethereum, but it seems that the SEC has not yet decided on this.
If JP Moregan was attracted by Buterin's invitation, and invested there. What I hope is that with this, the Ethereum Team will immediately solve the problem in its project, namely high gas fees
Actually, if the ethereum ETF is approved it will have a positive impact on the price of ethereum, but we all know that altcoin prices will follow bitcoin price movements, if the price of bitcoin rises ethereum and other altcoins will rise.
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Actually, if the ethereum ETF is approved it will have a positive impact on the price of ethereum, but we all know that altcoin prices will follow bitcoin price movements, if the price of bitcoin rises ethereum and other altcoins will rise.
That's right, the price of Ethereum will have a very good impact and the price movement will be the same as when bitcoin entered the ETF, the price increase was very high. Unfortunately, the SEC still has not accepted Ethereum to enter the ETF and currently Ethereum is still in the process of being improved.
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Actually, if the ethereum ETF is approved it will have a positive impact on the price of ethereum, but we all know that altcoin prices will follow bitcoin price movements, if the price of bitcoin rises ethereum and other altcoins will rise.
the first can become this
https://markets.businessinsider.com/news/etf/hong-kong-s-first-bitcoin-ethereum-spot-etfs-get-regulatory-nod-welcome-to-the-party-china-says-crypto-analyst-1033248434?op=1 on HK
but
it is clearly not the ETF in the richest market, but it may be the small stone that triggers the avalanche
now no one wants to be left behind on this opportunity, so I expect a close fight between the various ETFs
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Actually, if the ethereum ETF is approved it will have a positive impact on the price of ethereum, but we all know that altcoin prices will follow bitcoin price movements, if the price of bitcoin rises ethereum and other altcoins will rise.
That's right, the price of Ethereum will have a very good impact and the price movement will be the same as when bitcoin entered the ETF, the price increase was very high. Unfortunately, the SEC still has not accepted Ethereum to enter the ETF and currently Ethereum is still in the process of being improved.
We must continue to wait for good news from the SEC's decision which I believe is of greater importance to the security of people around the world so that it is not avoided because so far Ethereum and Bitcoin have quite a high difference so that the SEC needs more time to prepare an Ethereum ETF.
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more than anything you also have to consider the fact that Buterin is going around looking for sponsors
this is what it appears and we have a JP Morgan very interested in the concept of eth, a concept we remember well in the hands of a handful of people
Having said this, I think it will explode and we will have ETFs, the interests are too high
Everyone hopes that the ethereum ETF will be approved, because this will have an impact on the price of ethereum, but it seems that the SEC has not yet decided on this.
If JP Moregan was attracted by Buterin's invitation, and invested there. What I hope is that with this, the Ethereum Team will immediately solve the problem in its project, namely high gas fees
oh god, maybe many would like his approval including me
However, some bitcoin maximalists frown upon this as they do not consider Ethereum to be a truly decentralized currency and see its adoption as a privacy threat.
I am anxiously awaiting the release of the Ethereum ETF
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more than anything you also have to consider the fact that Buterin is going around looking for sponsors
this is what it appears and we have a JP Morgan very interested in the concept of eth, a concept we remember well in the hands of a handful of people
Having said this, I think it will explode and we will have ETFs, the interests are too high
Everyone hopes that the ethereum ETF will be approved, because this will have an impact on the price of ethereum, but it seems that the SEC has not yet decided on this.
If JP Moregan was attracted by Buterin's invitation, and invested there. What I hope is that with this, the Ethereum Team will immediately solve the problem in its project, namely high gas fees
oh god, maybe many would like his approval including me
However, some bitcoin maximalists frown upon this as they do not consider Ethereum to be a truly decentralized currency and see its adoption as a privacy threat.
I am anxiously awaiting the release of the Ethereum ETF
We, as ethereum holders, want this. The ethereum ETF will soon be approved and the price of ethereum will rise. Talking about this, it will definitely be different from other coin lovers, such as bitcoin lovers, because after all they are both competing for popularity
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We, as ethereum holders, want this. The ethereum ETF will soon be approved and the price of ethereum will rise. Talking about this, it will definitely be different from other coin lovers, such as bitcoin lovers, because after all they are both competing for popularity
It looks like the ETF will be launched soon. Currently, many securities in China have started to approve the Ethereum ETF and I really hope that the SEC will quickly make a decision to accept the Ethereum ETF. The SEC's decision determines the next increase in Ethereum prices.
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We, as ethereum holders, want this. The ethereum ETF will soon be approved and the price of ethereum will rise. Talking about this, it will definitely be different from other coin lovers, such as bitcoin lovers, because after all they are both competing for popularity
It looks like the ETF will be launched soon. Currently, many securities in China have started to approve the Ethereum ETF and I really hope that the SEC will quickly make a decision to accept the Ethereum ETF. The SEC's decision determines the next increase in Ethereum prices.
You are right, the SEC's decision regarding the Ethereum ETF will determine the price of Ethereum this season. If the ETF is approved we will see the price of Ethereum possibly rise above $5K, but this is just a prediction. And it's likely that we will see other ETFs in the future, especially top 10 coins
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We, as ethereum holders, want this. The ethereum ETF will soon be approved and the price of ethereum will rise. Talking about this, it will definitely be different from other coin lovers, such as bitcoin lovers, because after all they are both competing for popularity
and that's exactly what I want to leverage
since the ETF has yet to be approved and Ethereum has essentially not grown very much, I expect it to have a more powerful bull run than bitcoin's
maybe then he will correct even more violently, without a doubt
but we're here to speculate
and make $$
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The SEC has once again postponed its decision on ETH ETFs, and this is great news
If they were going to deny it, they would have already denied it, and just as with the BTC ETFs, the postponements may be being made to work out the details and ensure that everything is done correctly under American law
Great chances of approval in my opinion
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https://cointelegraph.com/news/hong-kong-bitcoin-ether-etfs-start-trading-april-30
Meanwhile in the parts around Asia in a little place called Hong Kong, they have approved BTC and Ethereum ETFs, not bad
they can start operating from the end of the month so in reality they are not really active if we want
for bitcoin I don't think anything changes, but I think this changes for eth, I think... I don't know
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Meanwhile in the parts around Asia in a little place called Hong Kong, they have approved BTC and Ethereum ETFs, not bad
they can start operating from the end of the month so in reality they are not really active if we want
Ethereum ETF has already been approved in the Hong Kong market but as I have read somewhere we should not expect that there can be a big impact for Ethereum as the market in there is not gargantuan compared to the one in USA. And this is the reason why approval in US will be a game-changing for the Ethereum market. Now, the approval will likely be postponed in May but this does not mean it will not be...this is just waiting for the right and appropriate time and that time can extend into 2025, for sure as things are still being ironed out both by SEC and the ETF applicants. Plus we know that SEC can be playing the dilly-dally game so as to project its regulatory power to the whole cryptocurrency industry and this was quite obvious in the BTC-ETF saga. In the meantime, we should take this as a good opportunity to add more ETH to our portfolio as the price right now is very attractive - below $3200 when its right price should have been $4K already.
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In other countries, they might accept it but, in the US, they will not... or at least there is a high chance that they will reject it.
Based on this article by Reuters: LINK (https://www.reuters.com/markets/us/us-sec-expected-deny-spot-ether-etfs-next-month-industry-sources-say-2024-04-25/)
April 25 (Reuters) - U.S. issuers and other firms expect the Securities and Exchange Commission to deny their applications to launch exchange-traded funds (ETFs) tied to the price of ether after discouraging meetings with the agency in recent weeks, four people said.
I don't know if this will be the case next month, or something good happens but I guess let's expect for now that Spot Ethereum ETF's will be rejected. Like Spot Bitcoin ETFs, I think that this will take time as well before the SEC will accept it.
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Meanwhile in the parts around Asia in a little place called Hong Kong, they have approved BTC and Ethereum ETFs, not bad
they can start operating from the end of the month so in reality they are not really active if we want
Ethereum ETF has already been approved in the Hong Kong market but as I have read somewhere we should not expect that there can be a big impact for Ethereum as the market in there is not gargantuan compared to the one in USA. And this is the reason why approval in US will be a game-changing for the Ethereum market. Now, the approval will likely be postponed in May but this does not mean it will not be...this is just waiting for the right and appropriate time and that time can extend into 2025, for sure as things are still being ironed out both by SEC and the ETF applicants. Plus we know that SEC can be playing the dilly-dally game so as to project its regulatory power to the whole cryptocurrency industry and this was quite obvious in the BTC-ETF saga. In the meantime, we should take this as a good opportunity to add more ETH to our portfolio as the price right now is very attractive - below $3200 when its right price should have been $4K already.
(https://www.talkimg.com/images/2024/04/25/ra6ev.png)
these are the ETFs approved in Hong Kong, in practice they can start operating from the end of the month also with the in-kind method, much more convenient than those of their US counterparts
it becomes interesting to understand if this influences the approval of Ethereum ETFs in the USA
it may be some kind of appetizer
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Based on information and news from several sources, the ETF will actually be denies. and they are preparing to deny the Ethereum ETF. This rumor has become very serious and big for us crypto enthusiasts. Because after the Bitcoin ETF was approved, many parties were also convinced about the Ethereum ETF. However, it will not be as successful as a Bitcoin ETF. So we'll just have to wait for the final part in May. Because maybe we will encounter unexpected results and feel disappointed. but we still have to be ready for all the decisions.
https://cointelegraph.com/news/us-sec-deny-spot-ether-etfs-next-month
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We, as ethereum holders, want this. The ethereum ETF will soon be approved and the price of ethereum will rise. Talking about this, it will definitely be different from other coin lovers, such as bitcoin lovers, because after all they are both competing for popularity
It looks like the ETF will be launched soon. Currently, many securities in China have started to approve the Ethereum ETF and I really hope that the SEC will quickly make a decision to accept the Ethereum ETF. The SEC's decision determines the next increase in Ethereum prices.
The good news is that many Chinese securities have approved ETF ethereum, hopefully the SEC will soon approve it because this will have an impact on the price of ethereum in the market. and I am also waiting for other altcoin ETFs to be approved in the future like BNB, Solana etc
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The good news is that many Chinese securities have approved ETF ethereum, hopefully the SEC will soon approve it because this will have an impact on the price of ethereum in the market. and I am also waiting for other altcoin ETFs to be approved in the future like BNB, Solana etc
It should be good news that many Chinese securities are starting to accept ETFs, but can you provide information on which securities have started accepting Ethereum ETFs? Please provide complete information so that users who read this comment get useful information.
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There's no need to worry too much, because everything needs a process to get approval. In my opinion, the SEC always relies on decisions on approval, but if they think it's profitable in the end it will be approved, we'll see the playing date, not this year, but early next year.
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The good news is that many Chinese securities have approved ETF ethereum, hopefully the SEC will soon approve it because this will have an impact on the price of ethereum in the market. and I am also waiting for other altcoin ETFs to be approved in the future like BNB, Solana etc
Exactly, this is just the beginning of many ETFs based on cryptocurrencies
yet another proof that the cryptocurrency market is not a monopoly market but there is real money and real economies of the future
It is important to understand that we understood this in advance of others
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At the beginning of this year, the SEC approved the first bitcoin ETF spot, which led many to speculate that Ethereum is the next one and even some applications from Fidelity, Bitwise, and Grayscale, but what makes me doubt that this will happen soon is
- The presence of ICO, NFT, and DeFi tokens on the Ethereum blockchain, and many of these tokens have been linked to fraud.
- ETH staking, as there is an additional return from holding Ethereum.
- Securities and Exchange Commission is investigating whether Ethereum should be classified as a security
I believe that all of these reasons are enough to delay the approval of the Ethereum ETF during this year. Do you think my fears are real?
Same thing happen in bitcoin that the delay took how many years before finally being approved this year and together with the coming halving that the market shows strong and contented market for 2024.
so if ever there will be a delar in Ethereum approving its first ETF i think that this is normal and nothing to be alarmed , and also what would be the effect to all of us if the approval is delayed?
are we really that affected or we are just interested in tackling the topic?
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Same thing happen in bitcoin that the delay took how many years before finally being approved this year and together with the coming halving that the market shows strong and contented market for 2024.
so if ever there will be a delar in Ethereum approving its first ETF i think that this is normal and nothing to be alarmed , and also what would be the effect to all of us if the approval is delayed?
are we really that affected or we are just interested in tackling the topic?
I'm sure the approval will happen when it's convenient for everyone, you can bet your socks
Gary's speeches about the SEC and the various ETF issuing institutions seem absolutely biased
It almost seems like they're playing or agreeing on the timing, don't you think?
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Same thing happen in bitcoin that the delay took how many years before finally being approved this year and together with the coming halving that the market shows strong and contented market for 2024.
so if ever there will be a delar in Ethereum approving its first ETF i think that this is normal and nothing to be alarmed , and also what would be the effect to all of us if the approval is delayed?
are we really that affected or we are just interested in tackling the topic?
I'm sure the approval will happen when it's convenient for everyone, you can bet your socks
Gary's speeches about the SEC and the various ETF issuing institutions seem absolutely biased
It almost seems like they're playing or agreeing on the timing, don't you think?
In many ways you are correct because he seems to be biased about their comments and indeed that timing seems to be well planned and delivered favoring their stand so yeah I think we should pay attention in the soonest approval.
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In many ways you are correct because he seems to be biased about their comments and indeed that timing seems to be well planned and delivered favoring their stand so yeah I think we should pay attention in the soonest approval.
exactly, also because they understood how the cycles work
their aim is to create products that are successful in the short term in order to accumulate a lot of money in commissions
honestly, if bitcoin goes up or down or if ethereum goes up or down, they don't care, they create the ETFs
they care about commissions, the more people come in and out and get help from them, the more they earn... regardless of performance
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In many ways you are correct because he seems to be biased about their comments and indeed that timing seems to be well planned and delivered favoring their stand so yeah I think we should pay attention in the soonest approval.
The SEC will not give Ethereum approval quickly, so far they are still delaying it because it seems that Ethereum still does not provide a solution for the SEC so that the Ethereum ETF is still not solved. This all depends on whether Ethereum developers are serious about providing improvements or not.
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In many ways you are correct because he seems to be biased about their comments and indeed that timing seems to be well planned and delivered favoring their stand so yeah I think we should pay attention in the soonest approval.
The SEC will not give Ethereum approval quickly, so far they are still delaying it because it seems that Ethereum still does not provide a solution for the SEC so that the Ethereum ETF is still not solved. This all depends on whether Ethereum developers are serious about providing improvements or not.
It's true that investors are waiting for good news from the SEC to approve ethereum ETFs. because if the Ethereum ETF is approved, this will have a positive impact on the crypto market because it looks like the market is waiting.
Is this true or just according to my analysis?
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In many ways you are correct because he seems to be biased about their comments and indeed that timing seems to be well planned and delivered favoring their stand so yeah I think we should pay attention in the soonest approval.
The SEC will not give Ethereum approval quickly, so far they are still delaying it because it seems that Ethereum still does not provide a solution for the SEC so that the Ethereum ETF is still not solved. This all depends on whether Ethereum developers are serious about providing improvements or not.
honestly no one expects the SEC to do it, as it didnt do it for bitcoin, years have passed after the first filling, so we expect this to happen at a time beyond 2025 at leasthowever, this does not mean that it will not be approved, it will be approved in 1 year i think
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In many ways you are correct because he seems to be biased about their comments and indeed that timing seems to be well planned and delivered favoring their stand so yeah I think we should pay attention in the soonest approval.
The SEC will not give Ethereum approval quickly, so far they are still delaying it because it seems that Ethereum still does not provide a solution for the SEC so that the Ethereum ETF is still not solved. This all depends on whether Ethereum developers are serious about providing improvements or not.
honestly no one expects the SEC to do it, as it didnt do it for bitcoin, years have passed after the first filling, so we expect this to happen at a time beyond 2025 at leasthowever, this does not mean that it will not be approved, it will be approved in 1 year i think
Hopefully early next year we will hear good news, the SEC will approve the Ethereum ETF. And that happens when the price of bitcoin is above $100k, this is just hope, because the SEC will definitely study and carry out analysis in making considerations about the ethereum ETF
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Hopefully early next year we will hear good news, the SEC will approve the Ethereum ETF. And that happens when the price of bitcoin is above $100k, this is just hope, because the SEC will definitely study and carry out analysis in making considerations about the ethereum ETF
Hopefully all Ethereum holders hope to get good news from the SEC because if the SEC delays or cancels the ETF then this will have a bad influence on Ethereum price movements on exchanges causing the price to collapse quickly. We just need to wait for a decision from the SEC soon.
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Hopefully early next year we will hear good news, the SEC will approve the Ethereum ETF. And that happens when the price of bitcoin is above $100k, this is just hope, because the SEC will definitely study and carry out analysis in making considerations about the ethereum ETF
Hopefully all Ethereum holders hope to get good news from the SEC because if the SEC delays or cancels the ETF then this will have a bad influence on Ethereum price movements on exchanges causing the price to collapse quickly. We just need to wait for a decision from the SEC soon.
It seems like it will take a long time for the SEC to study the ETF proposal for ethereum, because ethereum is different from bitcoin. Bitcoin supply is limited, whereas we know that ethereum supply is very large. I am also waiting for the SEC to immediately approve the ethereum ETF, because this will have a positive impact on ethereum
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In many ways you are correct because he seems to be biased about their comments and indeed that timing seems to be well planned and delivered favoring their stand so yeah I think we should pay attention in the soonest approval.
The SEC will not give Ethereum approval quickly, so far they are still delaying it because it seems that Ethereum still does not provide a solution for the SEC so that the Ethereum ETF is still not solved. This all depends on whether Ethereum developers are serious about providing improvements or not.
so if the developer fails to improve in all aspects then it is unlikely that the ETF will agree,
Will this have a bad impact on altcoins or only on ETH?
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In many ways you are correct because he seems to be biased about their comments and indeed that timing seems to be well planned and delivered favoring their stand so yeah I think we should pay attention in the soonest approval.
The SEC will not give Ethereum approval quickly, so far they are still delaying it because it seems that Ethereum still does not provide a solution for the SEC so that the Ethereum ETF is still not solved. This all depends on whether Ethereum developers are serious about providing improvements or not.
so if the developer fails to improve in all aspects then it is unlikely that the ETF will agree,
Will this have a bad impact on altcoins or only on ETH?
When you see that ethereum developers do not resolve the problems found by the SEC and allow these problems to persist, you can be sure that the SEC will cancel the ethereum ETF or at least will continue to wait until ethereum fixes this problem so that the SEC delays the approval of the ETF indefinitely.
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When you see that ethereum developers do not resolve the problems found by the SEC and allow these problems to persist, you can be sure that the SEC will cancel the ethereum ETF or at least will continue to wait until ethereum fixes this problem so that the SEC delays the approval of the ETF indefinitely.
That is the reason why currently demand for ethereum has decreased, the price tends to be stable and even tends to fall, but for now it seems that ethereum is still waiting for a decision from the SEC.
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Hopefully early next year we will hear good news, the SEC will approve the Ethereum ETF. And that happens when the price of bitcoin is above $100k, this is just hope, because the SEC will definitely study and carry out analysis in making considerations about the ethereum ETF
I also think it will happen next year, in 2025... more or less we are with the timing of the bitcoin ETF like this
among other things in 2025 we will be in full turmoil due to the bitcoin halving and consequently an unprecedented ATH in the history of cryptocurrencies
so I expect that year so that it pumps more
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Hopefully early next year we will hear good news, the SEC will approve the Ethereum ETF. And that happens when the price of bitcoin is above $100k, this is just hope, because the SEC will definitely study and carry out analysis in making considerations about the ethereum ETF
I also think it will happen next year, in 2025... more or less we are with the timing of the bitcoin ETF like this
among other things in 2025 we will be in full turmoil due to the bitcoin halving and consequently an unprecedented ATH in the history of cryptocurrencies
so I expect that year so that it pumps more
By 2025, hopefully many coins will increase their prices, including the rise of altcoins which have not had any price movement for a long time. Right now might be the right time to buy as many coins as we can because as you can see the market is in chaos, the prices of many altcoins have fallen very sharply.
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Hopefully early next year we will hear good news, the SEC will approve the Ethereum ETF. And that happens when the price of bitcoin is above $100k, this is just hope, because the SEC will definitely study and carry out analysis in making considerations about the ethereum ETF
I also think it will happen next year, in 2025... more or less we are with the timing of the bitcoin ETF like this
among other things in 2025 we will be in full turmoil due to the bitcoin halving and consequently an unprecedented ATH in the history of cryptocurrencies
so I expect that year so that it pumps more
By 2025, hopefully many coins will increase their prices, including the rise of altcoins which have not had any price movement for a long time. Right now might be the right time to buy as many coins as we can because as you can see the market is in chaos, the prices of many altcoins have fallen very sharply.
I also think the same as you, when prices go down I think this is the time to buy furniture. While the bullish possibility will occur in early 2025, I also hope like you that many altcoins that have not experienced an increase in the past will become more expensive next year.
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Hopefully early next year we will hear good news, the SEC will approve the Ethereum ETF. And that happens when the price of bitcoin is above $100k, this is just hope, because the SEC will definitely study and carry out analysis in making considerations about the ethereum ETF
I also think it will happen next year, in 2025... more or less we are with the timing of the bitcoin ETF like this
among other things in 2025 we will be in full turmoil due to the bitcoin halving and consequently an unprecedented ATH in the history of cryptocurrencies
so I expect that year so that it pumps more
By 2025, hopefully many coins will increase their prices, including the rise of altcoins which have not had any price movement for a long time. Right now might be the right time to buy as many coins as we can because as you can see the market is in chaos, the prices of many altcoins have fallen very sharply.
I also think the same as you, when prices go down I think this is the time to buy furniture. While the bullish possibility will occur in early 2025, I also hope like you that many altcoins that have not experienced an increase in the past will become more expensive next year.
Buy altcoins that have the potential to make a very large profit and the price is still cheap, for example Dogecoin, Shiba and PEPE. If you don't dare to do too much then you can just focus on Dogecoin which in my opinion is more stable and has potential.
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Buy altcoins that have the potential to make a very large profit and the price is still cheap, for example Dogecoin, Shiba and PEPE. If you don't dare to do too much then you can just focus on Dogecoin which in my opinion is more stable and has potential.
The three meme coins you mentioned are very popular and I see that many people already hold PEPE. Choices and courage depend on individual considerations and beliefs. Doge and Shib are the most popular meme coins, it seems they are also worth holding