Matrixport: SEC may approve spot Ethereum ETF this week, and the price of the currency may rebound
Odaily2024/07/08 08:06
By:Odaily
Odaily News Matrixport published todays chart and said that on May 20, the ETH ETF made great progress, and the SEC asked the exchanges that submitted ETFs to amend their applications. Three days later, on May 23, the SEC approved the 19b-4 document, but the ETF issuers S-1 application was still not approved, and ETH subsequently rose 20%. Due to the July 4th holiday and the long weekend, the SEC may postpone approval until the week of July 8 (today). Matrixport pointed out that since ETH has fully reflected the positive approval sentiment, if the SEC takes action this week, the
ETH price may rebound.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Justin Sun sues billionaire David Geffen over $78.4 million art deal
Cointime•2025/02/07 02:22
Utah Advances Bitcoin Reserve Bill, Could Become First US State with Bitcoin Reserve
Cointime•2025/02/07 02:22
US Congressman Pushes for “Critical” NFT Protections in Revised Crypto Bill
Cointime•2025/02/07 02:22
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$97,506.99
+0.30%
Ethereum
ETH
$2,728.25
-2.89%
Tether USDt
USDT
$1
+0.01%
XRP
XRP
$2.36
-2.52%
Solana
SOL
$194.73
-2.90%
BNB
BNB
$582.03
+0.81%
USDC
USDC
$1
+0.01%
Dogecoin
DOGE
$0.2531
-2.41%
Cardano
ADA
$0.7271
-2.89%
TRON
TRX
$0.2343
+4.55%
Bitget pre-market
Buy or sell coins before they are listed, including PLUME, J, and more.
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now