TD Cowen: Ethereum ETF paves the way for more cryptocurrency funds
TD Cowen's research team believes that after the approval of Bitcoin, the approval of Ethereum ETF is also inevitable. Jaret Seiberg of TD Cowen's Washington research group wrote in a report that this is six months faster than expected, but once the US Securities and Exchange Commission approves the cryptocurrency futures ETF, this decision is also inevitable. The next product to be launched within a year may be a basket of cryptocurrencies, possibly just Bitcoin and Ethereum, but possibly more. However, this approval does not mean that the SEC's overall attitude towards cryptocurrency has changed, as Gary Gensler, the chairman of the committee who holds a critical attitude towards cryptocurrency, issued a highly critical statement opposing cryptocurrency legislation that could weaken the agency's power.
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.
You may also like
Abraxas Capital Buys $478M in Ethereum in 6 Days
Abraxas Capital Goes All-In on EthereumStrategic Accumulation Signals Institutional OptimismWhat This Means for the Ethereum Market

DOGE and His Sister, NEIRO, Price Rallies Continue Amidst a Bullish Market

[Initial Listing] Bitget Will List Privasea AI (PRAI). Come and grab a share of 733,000 PRAI!
LAUNCHCOINUSDT now launched for futures trading and trading bots
Trending news
MoreCrypto prices
More








