Ethereum ETF may come up if Bitcoin is successful. What do you think?

[Hamza2424]

ETF  Bitcoin has been approved and is already underway, and it's likely that  ETF ethereum  will follow suit. Currently the SEC is just learning. If ETF ethereum  is approved, we will see crypto prices soar. This is the moment investors and traders have been waiting for, so be patient. rest assured that time will definitely come

Bitcoin ETFs have a very easy time process for receiving ETFs, while Ethereum seems to require quite complicated efforts because until now the SEC has not given permission for an ETF for Ethereum. Maybe the SEC realized that there was such a risky issue in Ethereum that they didn't give it easy permission to get into an ETF.

Hmm, there's a low chance of such a kind mindset in the SEC, Because of how they recognized the ETF I dont think they are gonna change anything in it, but for sure there can be some reliability concerns ETH fulfills, them as it's not just an altcoin anymore, check out the market dominance and capitalization for the ETH maximum answers you'll get from there.

But there is a point, we can comparatively expect the same results as Bitcoin got in early times or will get throughout the entire cycle because the mode of interest on both sides are completely different, Bitcoin is recognized by everyone while ETH isn't.

[EluguHcman]

I am optimistic that once the Bitcoin ETF is successfully approved by the SEC this year, 2024; there is the possibly of an ethereum ETF in near future. I think that the success of the Bitcoin ETF will determine wether there may be other ETF, for instance, ethereum, Binance, Tron, Solana, polygon ETFs. Now, Do you think other ETFs could follow Bitcoin ETF? Just your thoughts, thank you.

Yeah the Bitcoin ETH approval was actually phased to prompt the implementation of Ethereums ETH  but we can say it is fortunate that the expectation has been achieved even without the Bitcoin ETF approval yet.
It has indeed become a new phase for ETH.

[NikeFit_7777]

SEC returns Ethereum ETF filings for finalization. The U.S. Securities and Exchange Commission (SEC) has returned applications for Ethereum-based exchange-traded funds (ETFs) for revision. The deadline for the fix is July 8. This means that the launch of Ethereum ETFs will be delayed for some time. The reasons for the returned applications have not been disclosed. However, the SEC has rejected applications for Ethereum ETFs in the past due to concerns about market manipulation and investor protection.

News link:https://x.com/wublockchain/status/1806976457727787386

[NikeFit_7777]

I wanted to write something interesting about Ethereum ETF, but in fact there will be nothing interesting there. 

1. Grayscale will sell approximately half of its coins (now they have 3,000,000 ETH worth $10 billion), as it happened with BTC.

2. there will be a race of commissions - now the maximum commissions are in Grayscale, and one of the minimum commissions is in BlackRock. I think it's clear where they will overflow to.

3. There will also be other ways of measuring dicks. For example, Bitwise will donate 10% of Bitwise Ethereum ETF (ETHW) profits for 10 years to the development of the Ethereum protocol.

4. On price? It's going to stagger up/down now, then up (globally). I think it's obvious.

[debra]

Yeah the Bitcoin ETH approval was actually phased to prompt the implementation of Ethereums ETH  but we can say it is fortunate that the expectation has been achieved even without the Bitcoin ETF approval yet.
It has indeed become a new phase for ETH.

It needs a process to have Bitcoin ETF spot. It is also applied to ETH ETF, it can't happen suddenly. But as far as I know, ETH ETF is already approved successfully. If there is no significant increase after it is accepted, it may be caused by the bad market condition. Well, this is a new phase of ETH that it also has ETF spot market. I think this will be very good for the future of Ethereum. I just hope there will be more demand on the ETH in the market. If we have more investors of ETH, it will easily to develop more and surely becomes more popular in the future.

[NikeFit_7777]

A little over a month has passed since the launch of spot ETH-ETFs.

Investors are not very active in buying yet. But there is a constant outflow, though not very large. But it should be noted that our favorite bankrupt fund is to blame, which is selling ether at a breakneck speed, leveling the inflows of investments.

P.S. The BTC ETF is doing much better, and yesterday only one blackrock received $224mn in inflows in one day.

[satpol_PP]

Yeah the Bitcoin ETH approval was actually phased to prompt the implementation of Ethereums ETH  but we can say it is fortunate that the expectation has been achieved even without the Bitcoin ETF approval yet.
It has indeed become a new phase for ETH.

It needs a process to have Bitcoin ETF spot. It is also applied to ETH ETF, it can't happen suddenly. But as far as I know, ETH ETF is already approved successfully. If there is no significant increase after it is accepted, it may be caused by the bad market condition. Well, this is a new phase of ETH that it also has ETF spot market. I think this will be very good for the future of Ethereum. I just hope there will be more demand on the ETH in the market. If we have more investors of ETH, it will easily to develop more and surely becomes more popular in the future.

After the ethereum ETF was approved, the market conditions were bad so we can't see the impact of this ethereum ETF, it's different from when the bitcoin ETF was approved, because bitcoin is the king, it will show its potential. While ethereum is only a bitcoin follower, when bitcoin experiences a correction, ethereum will also follow it even though there is an ETF.

[nakmantu99]

After the ethereum ETF was approved, the market conditions were bad so we can't see the impact of this ethereum ETF, it's different from when the bitcoin ETF was approved, because bitcoin is the king, it will show its potential. While ethereum is only a bitcoin follower, when bitcoin experiences a correction, ethereum will also follow it even though there is an ETF.

I also observed the same thing, same as you. Bitcoin ETF showed a good impact until bitcoin reached ATH, but Ethereum ETF doesn't seem to have much impact. Maybe because the price of bitcoin has corrected so that Ethereum also experienced a price decrease.

[satpol_PP]

After the ethereum ETF was approved, the market conditions were bad so we can't see the impact of this ethereum ETF, it's different from when the bitcoin ETF was approved, because bitcoin is the king, it will show its potential. While ethereum is only a bitcoin follower, when bitcoin experiences a correction, ethereum will also follow it even though there is an ETF.

I also observed the same thing, same as you. Bitcoin ETF showed a good impact until bitcoin reached ATH, but Ethereum ETF doesn't seem to have much impact. Maybe because the price of bitcoin has corrected so that Ethereum also experienced a price decrease.

ETFs are very good for crypto, only the one that has a positive impact that we see is bitcoin, maybe because the market conditions are bearish. So we should see the end of the year if the crypto market experiences an increase towards bullish maybe altcoin ETFs like ethereum will show a good impact.

[dekafee79]

The potential approval of a Bitcoin ETF and the possibility of other ETFs, such as Ethereum, Binance, Tron, Solana, and Polygon, is well-founded. The approval of a Bitcoin ETF would indeed be a significant milestone for the cryptocurrency market, as it would likely signal a greater acceptance of crypto assets within traditional financial markets. If the SEC approves a Bitcoin ETF, it would set a regulatory precedent, making it easier for other cryptocurrency ETFs to gain approval. The SEC’s decision on Bitcoin will likely be scrutinized, and if it’s successful, regulators may feel more comfortable approving ETFs for other cryptocurrencies.

Bitcoin and ethereum ETFs have been approved, my friend. When the bitcoin ETF was approved, it had a good impact until bitcoin touched ATH before halving, but the ethereum ETF has not shown a good impact, possibly because the bull run has not started.

[bitterguy28]

but the ethereum ETF has not shown a good impact, possibly because the bull run has not started.

the halving signals the start of the bull cycle

just because there has not yet been a new ath means that we are not yet in a bull run a bull run is not just consistently on an upward trajectory it also has dips but generally the concept is that this is the cycle where new ath will be recorded

we just need to be a little more patient it will come soon if not at the end of this year then it will happen next year

[Trongduy]

In my opinion, if a Bitcoin ETF proves successful, it is likely that an Ethereum ETF could follow. The approval of a Bitcoin ETF could set a regulatory precedent, making it easier for similar products like an Ethereum ETF to gain approval. With Ethereum’s robust ecosystem, growing investor demand, and institutional interest, the market might be ready for an Ethereum ETF as a way to diversify exposure to digital assets. The distinct use cases and innovations within the Ethereum network further support the potential for such an ETF, making it a natural next step in the evolution of cryptocurrency investment products.

[Aanuoluwatofunmi]

Though the acceptance of bitcoin spot ETF is not an automatic ticket for that of Ethereum to be considered as well for approval, though we have been hearing various information form the social media about how, the acceptance for ethereum ETF will have to be a decision of the SEC if they see everything is in place that warrant for it approval after several considerations and consultations.

[erus]

The potential approval of a Bitcoin ETF and the possibility of other ETFs, such as Ethereum, Binance, Tron, Solana, and Polygon, is well-founded. The approval of a Bitcoin ETF would indeed be a significant milestone for the cryptocurrency market, as it would likely signal a greater acceptance of crypto assets within traditional financial markets. If the SEC approves a Bitcoin ETF, it would set a regulatory precedent, making it easier for other cryptocurrency ETFs to gain approval. The SEC’s decision on Bitcoin will likely be scrutinized, and if it’s successful, regulators may feel more comfortable approving ETFs for other cryptocurrencies.

Bitcoin and ethereum ETFs have been approved, my friend. When the bitcoin ETF was approved, it had a good impact until bitcoin touched ATH before halving, but the ethereum ETF has not shown a good impact, possibly because the bull run has not started.

But now the price of Ethereum is still tending to be relaxed and does not seem to be rising so quickly. Or maybe Ethereum is waiting for the right moment to rise. Even though many members say that if Ethereum is accepted by ETF, the price will rise quickly, but the evidence is not good and tends to stay at a price of 2666 Dollars.

[bitterguy28]

Though the acceptance of bitcoin spot ETF is not an automatic ticket for that of Ethereum to be considered as well for approval, though we have been hearing various information form the social media about how, the acceptance for ethereum ETF will have to be a decision of the SEC if they see everything is in place that warrant for it approval after several considerations and consultations.

etf eth has long been approved

”The SEC approved the listing and trading of eight Ethereum (ETH) ETFs: the Grayscale Ethereum Trust, the Bitwise Ethereum ETF, the iShares Ethereum Trust, the VanEck Ethereum Trust, the ARK 21Shares Ethereum ETF[1], the Invesco Galaxy Ethereum ETF, the Fidelity Ethereum Fund, and the Franklin Ethereum ETF. All the ETH ETF sponsors are familiar names from the first round of BTC ETFs.”

it has been approved but maybe many thinks it has not yet been approved due to the lack of activity and hype around it compared to what bitcoin had before

source: https://www.foley.com/insights/publications/2024/07/next-ethereum-etfs-sec-approval/