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Impact of Ethereum ETFs on other altcoin ETF approvals by mid-2025
5
Resolution / Starting Odds
Boosts approval of other altcoin ETFs • 33%
No impact on other altcoin ETF approvals • 33%
Slows down approval of other altcoin ETFs • 34%
Official SEC announcements and press releases
Story
SEC Approves Spot Ether ETFs on May 24, Ethereum Rallies 26%
May 29, 2024, 03:16 PM
The U.S. Securities and Exchange Commission (SEC) has approved spot Ether ETFs on May 24, marking a significant milestone for the cryptocurrency market. This decision, following the approval of Bitcoin ETFs less than six months ago, is expected to boost mainstream adoption, liquidity, and investor confidence in Ethereum. The approval, announced on Thursday, has already had a notable impact, with Ethereum rallying 26% last week, its largest gain since the 2021 crypto bull market. The move also holds significant implications for firms involved in tokenizing assets that trade on-chain.
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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%
Accelerates approval of other crypto ETFs • 33%
No significant change in pace of crypto ETF approvals • 33%
Slows down other crypto ETF approvals • 33%
Significant Increase • 33%
Moderate Increase • 33%
No Change or Decrease • 34%
More stringent regulations • 25%
Maintains current stance • 25%
Becomes more lenient • 25%
Introduces innovative frameworks • 25%
Only Ethereum surges • 25%
Ethereum and Bitcoin surge • 25%
Broad market surge (multiple top cryptocurrencies) • 25%
No significant change in market • 25%
Yes • 50%
No • 50%
1-2 ETFs • 33%
3-4 ETFs • 33%
More than 4 ETFs • 34%
Significant increase in BTC and ETH • 25%
Increase in ETH, decrease in BTC • 25%
Decrease in ETH, increase in BTC • 25%
Significant decrease in BTC and ETH • 25%
