Ethereum ETF Approval Delayed After CEO Rescinds Support

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As we’ve said, need SEC to give comments on the filing documents (the “critical feedback” he mentions) and that still ain’t happening, even in person they offering nothing.Silence is violence.— Eric Balchunas (@EricBalchunas) April 8, 2024 Ethereum ETF Applications Languish In SEC Limbo The SEC’s lack of response extends beyond van Eck’s application.

The SEC’s green light for Bitcoin ETFs offered a glimmer of hope for the cryptocurrency market. Van Eck highlights the growing interest in Bitcoin as a “maturing asset class,” with significant untapped investor demand.

Related Reading: Uniswap Bloodbath: UNI Price Crashes 16% On SEC Lawsuit Fears Despite the current cloud of uncertainty surrounding Ethereum ETFs, the cryptocurrency market continues to experience growth and gain wider acceptance.

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets: United Kingdom

Topics: Ethereum Ethereum Sec Etf Crypto VanEck

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-11 @ 12:00:17 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 500 words

Reading Time: 3 minutes read

Sentences: 47 lines

Sentence Length: 11 words per sentence (average)

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Copyright Owner: © NewsBTC

News ID: 20665948

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