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Ethereum is open access to digital money and data-friendly services for everyone – no matter your background or location. It's a community-built technology behind the cryptocurrency ether (ETH) and thousands of applications you can use today.

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The potential approval of an Ethereum (ETH) ETF is generating significant market buzz, with key players like BlackRock (NYSE:BLK) amending their ETF filings. Analysts predict a strong likelihood of approval, which could lead to substantial price movements for ETH. The approval would enhance the credibility of the cryptocurrency industry and attract institutional investors.

Portfolio Pulse from Murtuza Merchant

May 23, 2024 | 1:07 pm

Ethereum is experiencing a price increase due to optimism surrounding the potential approval of an Ethereum ETF.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 12:15 pm

Lawmakers are urging SEC Chair Gary Gensler to approve Ether ETFs, citing the previous approval of Bitcoin funds. This push is led by five members of the House Financial Services Committee, including Rep. French Hill.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 12:12 pm

Dormant Bitcoin, Ethereum, and Dogecoin whale wallets have been reactivated ahead of a potential Ethereum ETF approval. Significant movements in these wallets could impact the crypto market. Ethereum's price surged by 13% on the news of a possible ETF approval, with high implied volatility indicating market expectations of significant price fluctuations.

Portfolio Pulse from Khyathi Dalal

May 23, 2024 | 12:05 pm

Bitcoin spot ETFs have seen significant inflows, totaling $154 million on May 22, with BlackRock's Bitcoin ETF (IBIT) and Fidelity's Bitcoin ETF (FBTC) leading the way. In contrast, Grayscale's Bitcoin Trust (GBTC) experienced outflows. Ethereum ETFs, however, have had a lukewarm reception, particularly in Hong Kong. The SEC's potential approval of an Ethereum ETF has sparked debate within the crypto community.

Portfolio Pulse from Murtuza Merchant

May 23, 2024 | 11:03 am

Leading cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, saw declines as investors reacted to the Federal Reserve's inflation concerns. Bitcoin hovered below $70,000, Ethereum remained choppy, and Dogecoin fell significantly. Despite the drop, market sentiment remains 'Extremely Greedy.' The House passed a bill for regulatory clarity in the crypto industry.

Portfolio Pulse from Aniket Verma

May 23, 2024 | 2:17 am

Jack Mallers, CEO of Strike, criticized the potential approval of spot Ethereum ETFs, suggesting it is driven by Wall Street's interest in volatility and revenue generation. He believes this distracts from Bitcoin's value as the only true money in crypto.

Portfolio Pulse from Ivan Crnogatić

May 22, 2024 | 7:03 pm

VanEck's spot Ethereum ETF has been listed on the DTCC under the ticker symbol 'ETHV,' a critical step before potential SEC approval. The SEC's recent request for amended filings has raised approval chances to 75%. Other firms like BlackRock and Grayscale have also submitted revised filings.

Portfolio Pulse from Murtuza Merchant

May 22, 2024 | 6:17 pm

Former President Donald Trump is now accepting cryptocurrency for official campaign donations, a move that has garnered mixed reactions from experts in the crypto industry. While some see this as a strategic play to attract crypto enthusiasts, others remain skeptical about Trump’s genuine commitment to the sector. The campaign will accept various cryptocurrencies including Bitcoin, Ethereum, Solana, Tether, Ripple, Dogecoin, Cardano, Shiba Inu, and Avalanche.

Portfolio Pulse from Murtuza Merchant

May 22, 2024 | 4:34 pm

Fox Business' Eleanor Terrett reported that discussions have begun between SEC staff and issuers regarding S-1 filings, with the conclusion that more work is needed.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 4:31 pm

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