The Securities and Exchange Commission (SEC) is quickly approaching its Thursday deadline over whether to approve an ether ETF. Crypto prices, including...
to explain his certainty that the SEC will ultimately approve an ether ETF and what demand for such a product could look like.
So hearing the news earlier this week that the SEC was asking some of these ETF issuers to amend the 19 4 filings in preparation for an ETF spot approval was very, very surprising and was not priced into the market at all.Um you know, and it's not just the the E ETF approval, but you know, there seems to be, I think an intentional pivot uh by the current administration to signal really a support for for digital currencies.
Uh and have the us really be at the forefront of this, of this movement with, with, you know, innovations in finance and tech globally like we always have been.So, you know, whatever those catalysts are, I think everybody in the institutional crypto world is, is very surprised at how, how this has progressed.
Um So there's obviously a tremendous institutional uh I think, you know, demand pool out there and you know, Ethereum is gonna be something similar to that, you know, it, maybe it'll be some fraction of that. And now, you know, investors are gonna have to go a little bit further down the rabbit hole to understand.You know, what are the other uh alternative layer ones out there?So all of these questions that you know, us in the in in the institutional crypto world have been exploring for some time will now become mainstream.
-- Canada’s banking watchdog warned that many homeowners who took out mortgages when rates were near zero during the pandemic will soon face a reckoning as those loans renew.
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