🌙 Ether Rallies on ETF Optimism

ETH is up more than 23% since Monday, according to data from Coinbase, after speculation that the SEC may be doing an about-face on ETH ETFs circulated

Author

Mike Gavela
May 21, 2024

Crypto Roundup - May 21

Ether's price surged as optimism around the approval of a spot Ether ETF grows, reflecting market anticipation of the SEC's favorable decision. Recent developments suggest that the SEC may reconsider its stance on Ether ETFs, potentially opening new investment avenues. Meanwhile, former President Donald Trump’s campaign announced the acceptance of cryptocurrency donations for the 2024 election, emphasizing the campaign's innovative approach and aiming to mobilize a significant supporter base using digital assets.

Top Stories:

  • Ether's price surged on renewed optimism for a spot Ether ETF approval by the SEC.

  • SEC may reconsider its stance on Ether ETFs, signaling potential regulatory changes.

  • Trump campaign announced it will accept crypto donations for the 2024 election, enhancing its digital fundraising efforts.

TOP STORIES

Ether, bitcoin rally on renewed ETH ETF optimism 

An about-face from two Bloomberg ETF analysts about the likelihood of the SEC approving a spot ether ETF sent crypto prices soaring Tuesday. 

blockworks.co/news/eth-rallies-on-spot-ether-etf-optimism

Politics, amendments, staking: Making sense of the ether ETF developments 

As the industry tries to make sense of the evolving bullish signals around possible ether ETF approvals, there’s no shame in needing a quick refresher.

blockworks.co/news/ether-etf-developments-sec

Trump campaign begins accepting bitcoin, ether and other crypto donations

Former President Donald J. Trump’s website says that the presidential candidate now supports crypto donations. 

blockworks.co/news/donald-trump-accepts-crypto-donations-2024-election

FUNDRAISES

OTHER HEADLINES

‘It’s happening’ — 5 Ethereum ETF bidders amend SEC filings

Ethereum ETF applications from five U.S. asset managers have been amended, but an analyst says there is still a “long way” until they potentially launch.

cointelegraph.com/news/five-us-ethereum-etf-bidders-amend-filings

Trump Becomes First Major Party Candidate to Accept Crypto Donations

The likely GOP flag bearer in the upcoming U.S. presidential election signaled his friendliness to crypto at a Mar-a-Lago event earlier this month.

www.coindesk.com/business/2024/05/21/trump-becomes-first-major-party-candidate-to-accept-crypto-donations

zkSync Could Launch Token This Week - The Defiant

The Ethereum Layer 2 network’s long-awaited airdrop is expected in mid-June.

thedefiant.io/news/defi/zksync-could-launch-token-this-week

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