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Ethereum GBP (ETH-GBP)
- Yahoo Finance Video
'Common sense' to prevail in ether ETF approval: Bitwise CIO
Ethereum (ETH-USD) prices are surging as investors' hopes for the approval of a spot ether ETF rise. Bitwise Asset Management CIO Matt Hougan joins Market Domination to discuss his outlook on ethereum ETF approvals. Hougan expresses confidence, stating that the odds for a spot ether ETF approval "is up above 80% before the end of the year." While not a guarantee, he notes that "it looks a lot more likely than it did," fueling optimism and driving ethereum's price surge in today's trading session. When asked about the possibility of a lawsuit for a spot ether approval, Hougan believes "it looks like common sense might prevail." He points out that spot bitcoin ETFs and future ETFs already exist, and since ethereum future ETFs are available, there is a likely chance that a spot ether ETF will materialize. Addressing concerns about Securities and Exchange Commission approval, Hougan states, "It looks like Washington has gotten the message that crypto is good for America and that it's popular with American voters, and I think that's trickling through into different parts of policy." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
- Yahoo Finance Video
What's next for crypto?: Stocks in Translation
Months after the long-awaited spot bitcoin ETFs hit the market, the cryptocurrency landscape continues to grow at a rapid pace. How have the markets reacted so far, and what new dynamics are shaping the world of digital assets? With crypto regulation still evolving, what initiatives are shaping the future of regulation both internationally and domestically? Also, what is the potential impact of digital currencies on traditional finance, banking sectors, and physical money globally ? In this episode of Stocks In Translation, Yahoo Finance's Jared Blikre is joined by BloxCross Global Head of Markets & Strategy Keith Bliss and Yahoo Finance Producer Sydnee Fried delve into the latest developments shaping the world of digital assets, factors driving market sentiment, Federal Reserve rate cut outlooks, and more. This post was written by Angel Smith
- CoinDesk
Ether Rally Prompts Over $300 Million ETH Inflow to Crypto Exchanges: Nansen
The fast move likely signals short-term profit taking after ether's rapid 30% rally, one observer noted.
