Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Ether Spot ETF Final Approval Coming Soon

Ether Spot ETF Final Approval Coming Soon

Bitget2024/07/12 21:26

 

Spot ETF issuers are expected to receive final comments from the U.S. Securities and Exchange Commission (SEC) early next week, possibly as early as July 12th. The source declined to be named as discussions with issuers are private. Analysts expect that ETH could attract billions of dollars in inflows in the months following its listing, which could drive the spot price of ethereum sharply higher. Cryptocurrency analyst Mark Dunleavy said that ETH "has less supply on exchanges, which means fewer orders and less to buy," so the spot price of ETH will be more responsive to demand for ETF purchases than BTC.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!