By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Gulf PressGulf Press
  • Home
  • Gulf News
    • Saudi Arabia
    • UAE24/7
    • Kuwait
    • Qatar
    • Bahrain
    • Oman
  • World
  • Business
    • Market DataLive
    • Finance
    • Economy
    • Energy
    • Crypto
    • ForexHot
    • Tech
  • Sports
  • Lifestyle
  • Videos
Search
Countries
  • Saudi Arabia
  • UAE
  • Kuwait
  • Qatar
  • Bahrain
  • Oman
More Topics
  • Technology
  • Health
  • Entertainment
  • Crypto
  • Forex
  • Stocks
Site Links
  • Business Hub
  • Trending
  • Weather
  • Customize Interests
  • Bookmarks
  • Newsletter
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Reading: Ethereum ETF Approval Paves the Way for Increased Crypto Investment Funds: TD Cowen
Share
Notification Show More
Recent Saved
Workers in Bucharest face challenges as temperatures rise
World
Dress code guidelines for the Qatari government sector during office hours
Qatar
Court rules in favor of worker after company dismisses him for salary deductions over 6 years, awarding BD 27,000.
Bahrain
UAE to See Almost 30,000 New Millionaires in 5 Years
UAE
Proposed New Labor Law in Bahrain Targets Increasing Job Opportunities
Bahrain
Latest News
Darven: A New Leap in AI-Powered Legal Technology Launching from the UAE to the World
Tech
Beat the Heat This Summer with a Chill Out on Dubai Marina
World
Historic Italian City of Assisi to Host International Exhibition “Jordan: Dawn of Christianity”
World
Jordan to Host Iraq in the Final Round of the Asian World Cup Qualifiers After Securing Historic Spot
Sports
The Myriad Redefines Student Living for a Mobile, Urban Generation
UAE
L’Oréal Paris Welcomes Yasmine Sabri as New Brand Ambassador for the Middle East
Lifestyle
Roland Garros 2025: A New Era of Viewing, A Tribute to Legends, and Moments to Remember
Sports World
Bitget Celebrates Bitcoin Pizza Day by Distributing Over 5000 Pizzas in Over 20 Cities Worldwide
Crypto
Bitget Protection Fund Maintains Strength with $561 Million Average Value in April 2025
Business Crypto
Moscow Metro Marks 90 Years with Technological Advancements and Heritage Events
Lifestyle World
Aa
Gulf PressGulf Press
Aa
  • Gulf News
  • World
  • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Videos
Search
  • Home
    • Videos
    • Business Hub
    • Trending
  • Gulf
    • Saudi Arabia
    • UAE
    • Kuwait
    • Qatar
    • Bahrain
    • Oman
  • Business
    • Market Data
    • Crypto
    • Economy
    • Energy
    • Finance
    • Forex
    • Tech
  • More News
    • World
    • Lifestyle
    • Entertainment
    • Sports
Have an existing account? Sign In
Follow US
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Gulf Press > Business > Crypto > Ethereum ETF Approval Paves the Way for Increased Crypto Investment Funds: TD Cowen
Crypto

Ethereum ETF Approval Paves the Way for Increased Crypto Investment Funds: TD Cowen

News Room
Last updated: 2024/05/26 at 4:27 PM
News Room
Share
3 Min Read
SHARE

The recent approval of Ethereum exchange-traded funds (ETFs) has opened up new pathways for crypto investment products, according to research conducted by TD Cowen’s Washington Research Group. The swift approval of Ethereum ETFs, six months ahead of schedule, was seen as an expected development following the approval of Bitcoin ETFs earlier in the year. Jaret Seiberg from TD Cowen’s team also speculated that in the next year, we might see investment options that include a “basket of crypto tokens,” including Bitcoin and Ethereum, and perhaps more. However, the approval of Ethereum ETFs does not signify a significant change in the SEC’s stance on cryptocurrencies, as highlighted by SEC Chair Gary Gensler’s critical comments on the industry.

Gary Gensler, a noted critic of the crypto sector, has raised concerns about the potential passage of crypto legislation that could weaken the SEC’s authority. Despite the challenges faced by Gensler’s agency, TD Cowen predicts that the SEC will maintain its Democratic majority until 2026, continuing to pursue legal action against crypto trading platforms that transact in tokens identified as unregistered securities. The recent approval of spot ETH ETFs has implications not only for Ether but for the broader classification of cryptocurrencies. Industry experts consider this as a positive step towards confirming Ether’s status as a non-security, based on the approval of commodity-based trust shares by the SEC.

The approval of spot ETH ETFs has far-reaching implications, potentially impacting the classification of other tokens as well. Industry experts suggest that if Ether ETFs receive S-1 approval, it would provide definitive clarity on Ether’s status as a non-security. Coinciding with the official approval of 19b-4 applications by several notable ETF issuers for issuing spot Ether ETFs, the industry is closely watching the developments in this space. Notably, some issuers opted to remove staking from their final amendments, signalling potential regulatory considerations in the process.

Following the recent approval of Ethereum ETFs and the ongoing discussions around the classification of Ether as a non-security, the broader crypto industry is anticipating further regulatory clarity and developments. With the potential for investment offerings that include a diverse range of crypto tokens and the continuing scrutiny by the SEC on token classification, the landscape for crypto investment products is evolving rapidly. As investors and industry stakeholders navigate these changes, the future of crypto ETFs and their implications on the broader market remain a focal point of interest and speculation. As the regulatory environment continues to develop, it is crucial for market participants to stay informed and adapt to the changing dynamics within the crypto investment space.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
News Room May 26, 2024
Share this Article
Facebook Twitter Copy Link Print
Previous Article Amir’s upcoming trip to Cyprus and Greece
Next Article HONOR introduces advanced four-layer AI architecture and partners with Google Cloud to enhance AI capabilities at VivaTech 2024
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3k Followers Like
69.1k Followers Follow
56.4k Followers Follow
136k Subscribers Subscribe
- Advertisement -
Ad imageAd image

Latest News

Darven: A New Leap in AI-Powered Legal Technology Launching from the UAE to the World
Tech July 1, 2025
Beat the Heat This Summer with a Chill Out on Dubai Marina
World July 1, 2025
Historic Italian City of Assisi to Host International Exhibition “Jordan: Dawn of Christianity”
World June 28, 2025
Jordan to Host Iraq in the Final Round of the Asian World Cup Qualifiers After Securing Historic Spot
Sports June 10, 2025

You Might also Like

Crypto

Bitget Celebrates Bitcoin Pizza Day by Distributing Over 5000 Pizzas in Over 20 Cities Worldwide

May 22, 2025
BusinessCrypto

Bitget Protection Fund Maintains Strength with $561 Million Average Value in April 2025

May 20, 2025
BusinessCrypto

RWA project FEXSE tokenises $600,000 Jacob & Co. luxury watch on the blockchain

April 14, 2025
BusinessCrypto

Forbes Lists Bitget Amongst The World’s Most Trustworthy Crypto Exchanges

February 1, 2025
BusinessCrypto

Bitget Leverages AI Algorithms for Token Listing with the Launch of Bitget Seed

January 27, 2025
BusinessCrypto

Bitget to List Official TRUMP Meme Token for Spot Trading

January 23, 2025
BusinessCrypto

Bitget LaunchX to Support Jambo’s $5 Million Fundraising for Satellite Launch Program

January 18, 2025
BusinessCrypto

Bitget Unveils Over $5 Billion Worth of BGB Token Burn in New Whitepaper

December 28, 2024
//

Gulf Press is your one-stop website for the latest news and updates about Arabian Gulf and the world, follow us now to get the news that matters to you.

Quick Link

  • Privacy Policy
  • Terms of ue
  • Advertise
  • Contact

How Topics

  • Gulf News
  • International
  • Business
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our latest news instantly!

I have read and agree to the terms & conditions
Gulf PressGulf Press
Follow US

© 2023 Gulf Press. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

I have read and agree to the terms & conditions
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?