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First major event for Ethereum ETFs by Nov 2024
5
Resolution / Starting Odds
Regulatory scrutiny or action • 25%
Significant fund inflows • 25%
Technical issues with trading • 25%
None of these • 25%
Major financial news outlets and ETF issuer announcements
Story
SEC Approves 8 Spot Ethereum ETFs Including BlackRock and Fidelity
May 23, 2024, 09:13 PM
The U.S. Securities and Exchange Commission (SEC) has approved multiple spot Ethereum ETFs, marking a significant milestone for the cryptocurrency industry. The approval includes eight ETFs from prominent financial institutions such as BlackRock, Fidelity, and VanEck. The SEC approved the 19b-4 forms, allowing for the listing and trading of these ETFs on national securities exchanges, including Cboe, NYSE Arca, and Nasdaq. This decision is seen as a major victory for the crypto community, aligning Ethereum closer to being recognized as a commodity-based trust. The approval is expected to enhance mainstream investor access to Ethereum and potentially boost its market appeal.
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Bitcoin ETF approved • 20%
Solana ETF approved • 20%
Cardano ETF approved • 20%
No other ETFs approved • 20%
Multiple other ETFs approved • 20%
Significant increase in investor engagement • 25%
Moderate increase in investor engagement • 25%
No change in investor engagement • 25%
Decrease in investor engagement • 25%