{"id":11672,"date":"2024-02-11T14:22:03","date_gmt":"2024-02-11T14:22:03","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=11672"},"modified":"2024-02-11T11:22:56","modified_gmt":"2024-02-11T11:22:56","slug":"eyes-turned-to-approval-of-ethereum-etfs","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/eyes-turned-to-approval-of-ethereum-etfs\/","title":{"rendered":"Eyes Turned To Approval of Ethereum ETF&#8217;s"},"content":{"rendered":"<p>Bitcoin ETFs approved after a long wait, but the market&#8217;s expectations for new ETFs are not over. Investors waiting SEC to approve Ethereum ETF&#8217;s.<\/p>\n<h1>JPMorgan Analysts Comment on Price Impact of Possible Ethereum ETF Approval<\/h1>\n<div>JPMorgan and two analysts revealed their predictions about the potential approval of Ethereum&#8217;s Spot ETFs.<\/div>\n<div><\/div>\n<div>Ethereum is poised to benefit from the launch of Spot ETFs, but the market reaction may be calmer than Bitcoin&#8217;s ETF approvals.<\/div>\n<div><\/div>\n<div>Investors expect the US Securities and Exchange Commission (SEC) to approve spot <a href=\"https:\/\/coinengineer.net\/blog\/ark-21shares-updates-spot-ethereum-etf\/\">Ethereum<\/a> ETFs in May. However, Ethereum&#8217;s price action may be calmer than Bitcoin&#8217;s in the run-up to ETF approvals.<\/div>\n<div><\/div>\n<div>According to JPMorgan, the price of <a href=\"https:\/\/coinengineer.net\/blog\/frax-unveils-fraxtal-a-new-ethereum-l2-network-for-defi-innovation\/\">Ethereum<\/a> has risen 20% since BlackRock first took over the iShares Ethereum Trust on November 9. However, this compares to a 55% increase when BlackRock applied for a spot ETF for Bitcoin.<\/div>\n<div><\/div>\n<div>&#8220;We think the Ethereum spot ETF is less &#8216;overhyped&#8217; than its Bitcoin counterpart, perhaps due to its lower market cap and lack of &#8216;first-mover advantage&#8217; over Bitcoin,&#8221; said JPMorgan analyst Kenneth Worthington.<\/div>\n<div><\/div>\n<div>According to analysts, the expected lack of excitement may be due to regulatory uncertainty over Ethereum&#8217;s status as a security. According to Nico Cordeiro, chief investment officer at Strix Leviathan, Bitcoin&#8217;s status as a commodity and a security was clear.<\/div>\n<div><\/div>\n<div>JPMorgan estimates that there is &#8220;no more than a 50% chance&#8221; of spot Ethereum ETF approval by May 23, the deadline for the SEC to approve or reject the Ark\/21Shares application.<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin ETFs approved after a long wait, but the market&#8217;s expectations for new ETFs are not over. Investors waiting SEC to approve Ethereum ETF&#8217;s. JPMorgan Analysts Comment on Price Impact of Possible Ethereum ETF Approval JPMorgan and two analysts revealed their predictions about the potential approval of Ethereum&#8217;s Spot ETFs. Ethereum is poised to benefit<\/p>\n","protected":false},"author":6,"featured_media":10720,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[106,105,1770],"class_list":["post-11672","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-eth","tag-ethereum","tag-ethereum-eth"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Eyes Turned To Approval of Ethereum ETF&#039;s - Coin Engineer<\/title>\n<meta name=\"description\" content=\"Bitcoin ETFs approved, but the market&#039;s expectations for new ETFs are not over. Investors waiting SEC to approve Ethereum ETF&#039;s.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/eyes-turned-to-approval-of-ethereum-etfs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Eyes Turned To Approval of Ethereum ETF&#039;s - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Bitcoin ETFs approved, but the market&#039;s expectations for new ETFs are not over. Investors waiting SEC to approve Ethereum ETF&#039;s.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coinengineer.net\/blog\/eyes-turned-to-approval-of-ethereum-etfs\/\" \/>\n<meta property=\"og:site_name\" content=\"Coin Engineer\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-11T14:22:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-11T11:22:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/01\/Spot-Ethereum-ETF-1.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"768\" \/>\n\t<meta property=\"og:image:height\" content=\"432\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Tanju Akb\u0131y\u0131k\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tanju Akb\u0131y\u0131k\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/coinengineer.net\/blog\/eyes-turned-to-approval-of-ethereum-etfs\/\",\"url\":\"https:\/\/coinengineer.net\/blog\/eyes-turned-to-approval-of-ethereum-etfs\/\",\"name\":\"Eyes Turned To Approval of Ethereum ETF's - Coin Engineer\",\"isPartOf\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/eyes-turned-to-approval-of-ethereum-etfs\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/eyes-turned-to-approval-of-ethereum-etfs\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/01\/Spot-Ethereum-ETF-1.webp\",\"datePublished\":\"2024-02-11T14:22:03+00:00\",\"dateModified\":\"2024-02-11T11:22:56+00:00\",\"author\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546\"},\"description\":\"Bitcoin ETFs approved, but the market's expectations for new ETFs are not over. Investors waiting SEC to approve Ethereum ETF's.\u00a0\",\"breadcrumb\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/eyes-turned-to-approval-of-ethereum-etfs\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/coinengineer.net\/blog\/eyes-turned-to-approval-of-ethereum-etfs\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/eyes-turned-to-approval-of-ethereum-etfs\/#primaryimage\",\"url\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/01\/Spot-Ethereum-ETF-1.webp\",\"contentUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/01\/Spot-Ethereum-ETF-1.webp\",\"width\":768,\"height\":432,\"caption\":\"Spot Ethereum ETF\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/coinengineer.net\/blog\/eyes-turned-to-approval-of-ethereum-etfs\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/coinengineer.net\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Eyes Turned To Approval of Ethereum ETF&#8217;s\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\",\"url\":\"https:\/\/coinengineer.net\/blog\/\",\"name\":\"Coin Engineer\",\"description\":\"Btc, Coins, Pre-Sale, DeFi, NFT\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/coinengineer.net\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546\",\"name\":\"Tanju Akb\u0131y\u0131k\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g\",\"caption\":\"Tanju Akb\u0131y\u0131k\"},\"url\":\"https:\/\/coinengineer.net\/blog\/author\/cetanju\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Eyes Turned To Approval of Ethereum ETF's - Coin Engineer","description":"Bitcoin ETFs approved, but the market's expectations for new ETFs are not over. Investors waiting SEC to approve Ethereum ETF's.\u00a0","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/coinengineer.net\/blog\/eyes-turned-to-approval-of-ethereum-etfs\/","og_locale":"en_US","og_type":"article","og_title":"Eyes Turned To Approval of Ethereum ETF's - Coin Engineer","og_description":"Bitcoin ETFs approved, but the market's expectations for new ETFs are not over. Investors waiting SEC to approve Ethereum ETF's.\u00a0","og_url":"https:\/\/coinengineer.net\/blog\/eyes-turned-to-approval-of-ethereum-etfs\/","og_site_name":"Coin Engineer","article_published_time":"2024-02-11T14:22:03+00:00","article_modified_time":"2024-02-11T11:22:56+00:00","og_image":[{"width":768,"height":432,"url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/01\/Spot-Ethereum-ETF-1.webp","type":"image\/webp"}],"author":"Tanju Akb\u0131y\u0131k","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Tanju Akb\u0131y\u0131k","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/coinengineer.net\/blog\/eyes-turned-to-approval-of-ethereum-etfs\/","url":"https:\/\/coinengineer.net\/blog\/eyes-turned-to-approval-of-ethereum-etfs\/","name":"Eyes Turned To Approval of Ethereum ETF's - Coin Engineer","isPartOf":{"@id":"https:\/\/coinengineer.net\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/coinengineer.net\/blog\/eyes-turned-to-approval-of-ethereum-etfs\/#primaryimage"},"image":{"@id":"https:\/\/coinengineer.net\/blog\/eyes-turned-to-approval-of-ethereum-etfs\/#primaryimage"},"thumbnailUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/01\/Spot-Ethereum-ETF-1.webp","datePublished":"2024-02-11T14:22:03+00:00","dateModified":"2024-02-11T11:22:56+00:00","author":{"@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546"},"description":"Bitcoin ETFs approved, but the market's expectations for new ETFs are not over. Investors waiting SEC to approve Ethereum ETF's.\u00a0","breadcrumb":{"@id":"https:\/\/coinengineer.net\/blog\/eyes-turned-to-approval-of-ethereum-etfs\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/coinengineer.net\/blog\/eyes-turned-to-approval-of-ethereum-etfs\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/eyes-turned-to-approval-of-ethereum-etfs\/#primaryimage","url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/01\/Spot-Ethereum-ETF-1.webp","contentUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/01\/Spot-Ethereum-ETF-1.webp","width":768,"height":432,"caption":"Spot Ethereum ETF"},{"@type":"BreadcrumbList","@id":"https:\/\/coinengineer.net\/blog\/eyes-turned-to-approval-of-ethereum-etfs\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/coinengineer.net\/blog\/"},{"@type":"ListItem","position":2,"name":"Eyes Turned To Approval of Ethereum ETF&#8217;s"}]},{"@type":"WebSite","@id":"https:\/\/coinengineer.net\/blog\/#website","url":"https:\/\/coinengineer.net\/blog\/","name":"Coin Engineer","description":"Btc, Coins, Pre-Sale, DeFi, NFT","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/coinengineer.net\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546","name":"Tanju Akb\u0131y\u0131k","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g","caption":"Tanju Akb\u0131y\u0131k"},"url":"https:\/\/coinengineer.net\/blog\/author\/cetanju\/"}]}},"_links":{"self":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/11672","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/comments?post=11672"}],"version-history":[{"count":1,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/11672\/revisions"}],"predecessor-version":[{"id":11673,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/11672\/revisions\/11673"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media\/10720"}],"wp:attachment":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media?parent=11672"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/categories?post=11672"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/tags?post=11672"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}