Fresh data revealed that the probability of Ethereum ETFs being approved was relatively high. How will ETH be impacted?
has been under a lot of heat due to the rising speculations around the dismissal of the approval of Ethereum ETFs.While there is uncertainty regarding timely approval due to the SEC’s silence, it’s a matter of when, not if, a U.S. spot ETH ETF will be approved, according to Coinbase’s data.Bitcoin Clear regulatory guidance on asset staking is lacking, making it unlikely that spot ETH ETFs enabling staking will be approved soon.
Considering crypto’s emergence as an election issue, the SEC may hesitate to deny approval, and litigation could overturn a rejection. With its ability to handle a large number of transactions at low fees, Solana has shifted the focus of trading activity away from the Ethereum mainnet.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Solana NFTs revive, beat Polygon: What about Ethereum NFTs?Solana [SOL] witnessed some traction in its NFT ecosystem last week as a few popular collections migrated back to SOL.
Read more »
– This falling metric could be the key to Ethereum, Solana price ralliesBitcoin's last 24 hours have been productive. As expected, most of the market's altcoins took BTC's lead too, and that meant...
Read more »
Solana takes on Ethereum as ‘DEX war’ takes new turnJupiter, a Decentralized Exchange built on the Solana [SOL] blockchain, has overtaken Uniswap as the DEX with the highest number...
Read more »
Solana, Ethereum, are best for ‘mainstream stablecoins’Bitwise sees a likely US stablecoin legislation as a key catalyst for the sector that’s worthing positioning for.
Read more »
Shiba Inu: ShibaSwap to operate on Ethereum, Solana: Impact on SHIB?In a major feat for the Shiba Inu [SHIB] ecosystem, ShibaSwap went live on the layer-2 (L2) blockchain Shibarium,
Read more »
Ethereum: Hong Kong spot ETFs fail to impress, what next for ETH?World's second-largest cryptocurrency Ethereum trended lower since the listing of first-ever crypto spot ETFs in Hong Kong.
Read more »