The recent ETH transfer is only one of the numerous transactions that the US government has processed in the last few weeks.
Aside from the single slot finality, Ethereum is also working on other solutions to speed up its network, which includes the Rollup Confirmation.
Analysts believe that the receiver might be consolidating its assets ahead of a potential approval by the SEC.
Reth 1.0 improves Remote Procedure Call (RPC) throughput and reduces latency, ensuring quicker transaction processing and smoother data management.
The effect of spot ETH ETFs on the price of Ether would be relatively smaller as compared to the approval of spot Bitcoin ETFs on BTC.
VanEck has revealed that from the outset, its spot Ethereum ETF product will not come with a sponsor fee to beat competition.
It appears that Ethereum might be losing its “deflation dream” after seeing its longest inflationary spell since transitioning to PoS model.
Gary Gensler, SEC Chair, talked about the approval of spot Ethereum (ETH) exchange-traded funds (ETFs) on Tuesday, June 25, stating that the approval process is “going smoothly” while being hesitant to reveal a timeline for the approval.
The upcoming listing of spot Ethereum ETFs in the United States has spurred speculation on similar bullish sentiment to Bitcoin’s earlier this year.
Andrew Kang said that there will be less demand for ETH ETFs since Ether (ETH) attracts lesser institutional interest than Bitcoin (BTC).
Standard Chartered Bank, one of the leading global financial institutions headquartered in the United Kingdom, is preparing to enter the crypto trading market with the launch of a dedicated platform for spot traders.
Kraken’s lawyer, Matthew Solomon, challenged the SEC’s approach of treating the exchange as a unified “ecosystem” with all tokens as investment contracts. He stressed the fair, consistent application of regulations to crypto assets.
With Ethereum exchange-traded funds (ETFs) expected to hit the market this year, Bitwise, a leading crypto asset manager, has begun advertising these upcoming investment products in anticipation of their official debut.
Crypto analyst Josh Olszewicz believes the recent price action positions Solana for further losses.
ConsenSys has confirmed its plans to continue its lawsuit against the SEC as founder Joseph Lubin reiterates the need for regulatory clarity.