Bitcoin
Bitcoin (BTC)
$69,668.00 1.58047
Bitcoin price
Ethereum
Ethereum (ETH)
$3,892.11 1.71412
Ethereum price
BNB
BNB (BNB)
$605.26 1.34182
BNB price
Solana
Solana (SOL)
$170.62 5.95794
Solana price
XRP
XRP (XRP)
$0.5343070 1.27138
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000256 5.453
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000166 3.9519
Pepe price
Bonk
Bonk (BONK)
$0.0000383 11.57512
Bonk price
Bitcoin
Bitcoin (BTC)
$69,668.00 1.58047
Bitcoin price
Ethereum
Ethereum (ETH)
$3,892.11 1.71412
Ethereum price
BNB
BNB (BNB)
$605.26 1.34182
BNB price
Solana
Solana (SOL)
$170.62 5.95794
Solana price
XRP
XRP (XRP)
$0.5343070 1.27138
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000256 5.453
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000166 3.9519
Pepe price
Bonk
Bonk (BONK)
$0.0000383 11.57512
Bonk price
Bitcoin
Bitcoin (BTC)
$69,668.00 1.58047
Bitcoin price
Ethereum
Ethereum (ETH)
$3,892.11 1.71412
Ethereum price
BNB
BNB (BNB)
$605.26 1.34182
BNB price
Solana
Solana (SOL)
$170.62 5.95794
Solana price
XRP
XRP (XRP)
$0.5343070 1.27138
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000256 5.453
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000166 3.9519
Pepe price
Bonk
Bonk (BONK)
$0.0000383 11.57512
Bonk price
Bitcoin
Bitcoin (BTC)
$69,668.00 1.58047
Bitcoin price
Ethereum
Ethereum (ETH)
$3,892.11 1.71412
Ethereum price
BNB
BNB (BNB)
$605.26 1.34182
BNB price
Solana
Solana (SOL)
$170.62 5.95794
Solana price
XRP
XRP (XRP)
$0.5343070 1.27138
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000256 5.453
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000166 3.9519
Pepe price
Bonk
Bonk (BONK)
$0.0000383 11.57512
Bonk price
SirWin
SirWin
SirWin

Fidelity files S-1 for Ethereum ETF

fidelity-files-s-1-for-ethereum-etf
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Fidelity files S-1 for Ethereum ETF

Fidelity Investments recently filed an S-1 form for a spot Ethereum ETF, with the notable inclusion of staking.

Fidelity’s filing marks a notable stride toward mainstream acceptance of crypto, particularly Ethereum, renowned for its smart contract capabilities and decentralized applications.

The inclusion of staking in the proposed ETF shows Fidelity’s recognition of the dynamics within the crypto ecosystem, wherein staking plays a pivotal role in network security and governance.

The Ethereum ETF proposed by Fidelity joins a growing list of similar filings by various entities seeking to provide exposure to crypto through traditional investment vehicles.

Notably, Valkyrie Digital Assets, WisdomTree Investments, BlackRock, Grayscale, and Franklin Templeton are among the other entities that have filed for Ethereum ETFs, reflecting the increasing demand for diversified crypto investment options among institutional and retail investors alike.

Analysts: Ethereum ETF May approval unlikely

Grayscale suggests prior Bitcoin ETF groundwork might influence Ether approval, but SEC subpoenas raise concerns. Galaxy Digital’s Alex Thorn deems Ether ETF approval extremely unlikely soon.

Craig Salm, Grayscale’s Chief Legal Officer, cites SEC’s past engagement with Grayscale on Bitcoin ETFs as the reason for optimism on Ethereum ETFs. Salm notes similarities in operational concerns and emphasizes Ether’s classification as commodity futures.

Bitwise CIO Matt Hougan suggests delaying the launch of the Ethereum ETF until December, diverging from initial May expectations. Hougan argues that Wall Street needs time to better understand Bitcoin (BTC) before embracing Ethereum (ETH) and its complexities.