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NateGeraci
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17 straight days of inflows into spot eth ETFs…
$3.5bil cumulative new $$$ since launch.
Clearly some momentum here.
#ETF
#ETH
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NateGeraci
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18 straight days of inflows into spot eth ETFs… Nearly $250mil just today. And there’s still no staking or in-kind creations & redemptions. So early.
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Sounds like this may be first in line for approval before spot sol ETFs… Includes XRP & Cardano. Pretty clear where this is all heading.
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Bloomberg confirms SEC engaging w/ issuers on spot sol ETFs… Includes discussion around staking, which would obviously impact spot eth ETFs as well if approved. Strap in… going to be wild next couple of months. via @isabelletanlee
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Looks like SEC about to open floodgates on crypto ETFs… Last step before all major brokerages offer direct spot crypto trading. Then we head down path towards full securities tokenization. ETFs = bridge b/w tradi & defi. That bridge is nearly built. Crypto going mainstream.
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Blockworks reporting SEC has asked prospective spot sol ETF issuers to submit amended S-1s w/in next week… One source estimated these updates could put sol ETFs on track for approval w/in 3-5 weeks. Said SEC also appears open to incl staking. via @whosknave & @byKatherineRoss
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