Nate Geraci Labels Ethereum ETF Approval Process Political
Nate Geraci, the president of The ETF Store, criticized mainstream media outlets’ coverage of the Ethereum (ETH) ETF approval process, alleging political motives. Nate Geraci underscored a significant shift toward politicization in regulatory decision-making, expressing frustration over what he perceives as mismanaging the ETF approval coverage. He cited Grayscale’s successful negotiation of the regulatory landscape […]
Combined TPS of Ethereum Scaling Ecosystem Hits All-time High
The combined transactions per second (TPS) of the Ethereum scaling ecosystem have reached a new all-time high due to a new Ethereum layer 3 solution. On June 16, the Ethereum scaling networks, which encompassed layer-2 and layer-3 blockchains, recorded a combined 246.18 TPS, according to L2beat data. This figure is equivalent to an estimated 21.2 […]
Bloomberg Analyst: Spot Ethereum ETFs may trade by July 2
Bloomberg ETF analyst Eric Balchunas says his “best guess as of now” is that spot Ethereum ETFs will start trading in the US before July 2. Eric Balchunas , a Bloomberg ETF analyst, has indicated that spot Ethereum exchange-traded funds (ETFs) may commence trading in the United States by July 2. “We are moving up […]
Crypto Prices Today: BTC & ETH Continue Bearish Movement While NOT Rises 20%
Today’s crypto prices have remained slow, as BTC and ETH struggle with market volatility, while altcoins mirror the fading price trend. The crypto prices have continued to trade at a sluggish pace today, with Bitcoin (BTC) declining near the $65K mark and Ethereum (ETH) remaining below $3,500. However, the day’s top gainers, Notcoin (NOT) and […]
ETH Spot ETF S-1 Might Be Approved This Summer-Gary Gensler
The Securities and Exchange Commission Chair, Gary Gensler, says ETH spot ETF S-1 might be approved this summer. The Chair of the Securities and Exchange Commission (SEC) anticipates that Ethereum spot ETF S-1s will be approved during the summer. This follows previous rumors regarding the time frame for the S-1 to commence trading. Gensler also […]