Ethereum ™️ | ETH | News

🪙 Bloomberg analyst calls July 18 ‘best guess’ for ETH ETF launch amidst S-1 amendments Spot Ethereum (ETH) ETF applicants amended their registration statements as Bloomberg ETF analyst Eric Balchunas predicted a launch date. On July 8, Balchunas said his “best guess” for the fund’s launch is July 18 but declined to make an over/under prediction as SEC plans remain unclear. Balchunas described the changes in the latest amendments as minimal. Source 🔵 @EthereumNews 💰 @BitcoinNews 🍰 @AltcoinNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews

🪙 VanEck, BlackRock and others file amended registration statements for spot Ethereum ETFs as deadline closes in Monday is the deadline for filing amended registration statements for spot Ethereum exchange-traded funds and some firms have begun turning those in. VanEck filed its amended S-1 registration statement earlier on Monday, which included minimal changes, such as details around custody. Others are expected to be filed throughout the day as firms vying for a spot Ethereum ETF gear up to launch those products. Source 🔵 @EthereumNews 💰 @BitcoinNews 🍰 @AltcoinNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews

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JUST IN: 🪙 VanEck officially files S-1 for its Spot Ethereum ETF. 🔵 @EthereumNews 💰 @BitcoinNews 🍰 @AltcoinNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews

🪙 Ethereum poised to follow Nvidia's steps as Bitwise files updated S-1 draft Asset manager Bitwise filed its amended S-1 registration statement with the Securities and Exchange Commission (SEC) today ahead of its July 8 due date. The new filing added a fee waiver for up to $500 million in assets under management, similar to Van Eck's waiver last week. Considering the comments on these drafts were light, Bloomberg analyst Eric Balchunas said spot ETH ETFs should have begun trading and expects them to launch before the end of July. Source 🔵 @EthereumNews 💰 @BitcoinNews 🍰 @AltcoinNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews

🪙 Ethereum breaches key support as SEC delays ETF decision Ethereum is down more than 5% on Thursday following the Securities & Exchange Commission's (SEC) failure to approve ETH ETF issuers' S-1 drafts. Meanwhile, the recent decline has strengthened the bearish outlook after ETH moved below a key support level, sparking $90 million in long liquidations. Despite its light comments on issuers’ S-1 drafts, the SEC has yet to approve spot ETH ETFs following the US Independence Day holiday. Source 🔵 @EthereumNews 💰 @BitcoinNews 🍰 @AltcoinNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews

🪙 Ethereum traders turn bearish as ETH price dips under $3K Ether price plummeted below $3,000 for the first time in 50 days on July 5. This drop was part of a broader cryptocurrency market correction, largely influenced by Bitcoin. Traders now fear that the crypto bull run has ended, and despite the upcoming launch of a spot Ethereum exchange-traded fund (ETF) in the United States, some worry that Ether price could continue to fall. Source 🔵 @EthereumNews 💰 @BitcoinNews 🍰 @AltcoinNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews

🪙 Grayscale Ethereum Trust discount to NAV quietly switches to a premium ahead of anticipated spot ETF launch The Grayscale Ethereum Trust (ETHE) is no longer trading at a discount to net asset value (NAV) ahead of the anticipated launch of spot Ethereum exchange-traded funds in the U.S. Having previously traded at a discount for the last three years, ETHE reached a premium to NAV of 0.31% on July 3, ahead of the Independence Day holiday, according to YCharts data. Premium or discount to NAV indicates how much above or below the market price of each share is compared to the value of the ether it represents. Source 🔵 @EthereumNews 💰 @BitcoinNews 🍰 @AltcoinNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews

🪙 Vitalik Buterin opts for faster Ethereum, EIP-7732 gives hope Ethereum developers have introduced a new Ethereum improvement proposal, EIP-7732, which aims to overhaul the block validation process and speed up the blockchain. The proposal introduces significant changes to block validation to improve the blockchain’s security and performance by separating the process into consensus and execution. Source 🔵 @EthereumNews 💰 @BitcoinNews 🍰 @AltcoinNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews

🪙 Dencun currently dominates the DA market with the majority of the bytes being posted to Mainnet. This is changing though as Celestia has been eating away at Ethereum's market share, starting with 3.5% in March and now currently holds ~41% — link 🔵 @EthereumNews 💰 @BitcoinNews 🍰 @AltcoinNews ⚫️ @TradingNews ⚫️ @MetaverseNews 📊 @StockNews