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Who will predominantly adopt Ethereum spot ETFs by the end of 2024?
5
Resolution / Starting Odds
Predominantly institutional investors • 33%
Predominantly retail investors • 33%
Balanced adoption by both investor types • 34%
Investment trends reports and ETF adoption studies
Story
SEC Approves 8 Ethereum Spot ETFs, Including BlackRock, Fidelity, and VanEck
May 23, 2024, 09:10 PM
The U.S. Securities and Exchange Commission (SEC) has approved the listing of Ethereum (ETH) spot Exchange-Traded Funds (ETFs). This marks a significant development for the cryptocurrency market, as it allows institutional investors to gain exposure to Ethereum through regulated financial products. Notable firms such as BlackRock, Fidelity, and VanEck are among those whose ETF proposals have been approved. In total, 8 ETFs have received approval. This move is seen as a major victory for the crypto industry, aligning Ethereum closer to being recognized as a commodity-based trust. The approval has already had a positive impact on the market, with Ethereum's price rising by 1% following the announcement.
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Top 1-3 • 33%
Top 4-6 • 33%
Below Top 6 • 34%
21Shares • 25%
Grayscale • 25%
VanEck • 25%
Other • 25%
Retail Investors • 50%
Institutional Investors • 50%
BlackRock • 33%
Grayscale • 33%
VanEck • 33%
Significant increase in investor engagement • 25%
Moderate increase in investor engagement • 25%
No change in investor engagement • 25%
Decrease in investor engagement • 25%
BlackRock • 13%
Fidelity • 13%
Grayscale • 13%
Bitwise • 13%
VanEck • 13%
Ark • 13%
Invesco Galaxy • 13%
Franklin Templeton • 13%
BlackRock Ethereum ETF • 25%
Fidelity Ethereum ETF • 25%
VanEck Ethereum ETF • 25%
Other • 25%