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SEC Chair Gensler reveals when Ethereum ETFs will be approved
SEC Chair Gensler reveals when Ethereum ETFs will be approved

Share link:In this post: SEC Gary Gensler expects Ethereum ETFs to be approved during this summer. Market stakeholders said the ETF issuers were currently awaiting comments from the SEC staffs about their S-1 filings. Meanwhile, US Senators criticized and questioned the SEC and CFTC regulatory actions gainst the emerging industry.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strong

Cryptopolitan·2024/06/13 20:52
Gensler says Ethereum ETF S-1 approvals likely 'over the course of this summer'
Gensler says Ethereum ETF S-1 approvals likely 'over the course of this summer'

SEC Chair Gary Gensler estimated that the S-1 approvals for spot ether ETFs could occur sometime by the end of this summer. A Tennessee Senator also chastised Gensler’s rule-making for the cryptocurrency industry, stating that the agency’s “roadblocks” have spurred U.S. companies to move abroad.

The Block·2024/06/13 16:43
JPMorgan skeptical $12 billion year-to-date crypto inflows will continue
JPMorgan skeptical $12 billion year-to-date crypto inflows will continue

JPMorgan analysts are skeptical about the sustainability of strong crypto inflows so far this year, citing current high bitcoin prices.If the current trend were to continue, it would result in an annualized net inflow of around $26 billion, they said.

The Block·2024/06/13 14:46
Flash
  • 03:14
    Recently, seven whale/institutional addresses that bought ETH at its lowest point have accumulated a floating loss of 10.25 million US dollars
    According to on-chain analyst @ai_9684xtpa, seven whale/institutional addresses that recently bought the dip in ETH have collectively incurred an unrealized loss of $10.25 million: Trump WLFI accumulated 4,468 ETH on March 6 at a cost of $2,228.7 per ETH, resulting in an unrealized loss of $750,000. The total ETH holdings of this address (66,274.9 ETH) have an unrealized loss of $77.37 million. Address 0x655...1e0B8 purchased 8,265 stETH on-chain yesterday at an average price of $2,218 per ETH, now facing an unrealized loss of $1.312 million. Address redbase.eth bought 6,100 ETH on-chain yesterday at an average price of $2,200 per ETH, now experiencing an unrealized loss of $895,000. Address 0x42a...C42f8 accumulated 4,505 ETH over the past six days at an average price of $2,171 per ETH, currently at an unrealized loss of $530,000. Mirana Ventures built a position of 21,667 ETH on February 28 at a cost of $2,134 per ETH, now facing an unrealized loss of $1.386 million. A whale that previously made $33.67 million from buying low and selling high accumulated 10,000 ETH on February 15 at a cost of $2,388 per ETH, now with an unrealized loss of $3.29 million. A whale that previously profited $14.26 million from trading WBTC has accumulated 5,600 ETH since February, with an average cost of $2,432 per ETH, currently at an unrealized loss of $2.087 million.
  • 03:11
    Analysis: If the US government liquidates all non-Bitcoin crypto assets it holds, it is estimated that about 5000 Bitcoins can be added
    News on March 10, according to Bitcoin.com, if the non-Bitcoin crypto assets held by the US government were all liquidated and converted into Bitcoin, it is estimated that about 5,000 Bitcoins could be added. According to Arkham data, as of March 9, 2025, the US federal government holds 60,850 Ethereum (worth about $123 million), which can be converted into approximately 1,522.86 Bitcoins; in addition it also holds 122 million USDTs which can be exchanged for about 1,500 Bitcoins. The government's crypto asset reserves also include 750.722 Wrapped Bitcoin (WBTC),40,293 BNB,$13.62 million BUSD and $13.4 million AUSDC etc.If all non-Bitcoin assets worth more than one million dollars are completely liquidated at current exchange rates they would yield approximately an additional total of around 5,004.55 bitcoins.
  • 03:06
    A certain whale has increased its long position on HyperLiquid, with the floating loss expanding to 14.39 million US dollars
    According to Onchain Lens monitoring, a certain whale has increased its long positions in SOL, ETH, WIF, BTC and kPEPE, currently facing a floating loss of 14.39 million USD. This whale still has open contract orders for these tokens amounting to 8.43 million USD. To initiate these trades, the whale provided 19,413 ETH and borrowed 16.25 million USD of USDC on HyperLiquid to go long.
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