Ethereum logo writtern DELAYED and ETF

SEC Postpones Decision on Ethereum ETF, May 23rd Looms Large

The SEC’s postponement of the Invesco Galaxy Ethereum ETF decision reflects ongoing regulatory scrutiny, while May 23rd retains importance for VanEck’s application. More delays for other Ethereum spot ETFs are expected in the coming months.

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Blackrock office building and Jay Jacobs, the US Head of Alternative EETFs in the background

Wall Street Giant Courts Rich Boomers with Sleek Bitcoin ETF Ad

Wall Street whispers “Om”: BlackRock’s serene Bitcoin ad targets wealthy boomers with calm contemplation and new age vibes.

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Bloomberg analyst, Balchunas and Bitcoin logo inscribed "ETF"

Bitcoin Spot ETF Approval Likely This Week, Says Bloomberg Analyst

The odds of the U.S. Securities and Exchange Commission (SEC) approving a Bitcoin spot exchange-traded fund (ETF) have risen from 10% to 95%, according to Bloomberg ETF analyst Eric Balchunas. He said the positive signals from the SEC chair, the favorable court rulings, and the strong demand from investors are the main factors behind the optimistic outlook. He said the only remaining risks are the SEC finding new grounds for rejection or the Biden administration intervening to stop the process. The Bitcoin spot ETF, which would track the price of the largest cryptocurrency directly, is widely anticipated to launch next week.

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