Ethereum CAD (ETH-CAD)
- Yahoo Finance Video
'Common sense' to prevail in ether ETF approval: Bitwise CIO
Ethereum (ETH-USD) prices are surging as investors' hopes for the approval of a spot ether ETF rise. Bitwise Asset Management CIO Matt Hougan joins Market Domination to discuss his outlook on ethereum ETF approvals. Hougan expresses confidence, stating that the odds for a spot ether ETF approval "is up above 80% before the end of the year." While not a guarantee, he notes that "it looks a lot more likely than it did," fueling optimism and driving ethereum's price surge in today's trading session. When asked about the possibility of a lawsuit for a spot ether approval, Hougan believes "it looks like common sense might prevail." He points out that spot bitcoin ETFs and future ETFs already exist, and since ethereum future ETFs are available, there is a likely chance that a spot ether ETF will materialize. Addressing concerns about Securities and Exchange Commission approval, Hougan states, "It looks like Washington has gotten the message that crypto is good for America and that it's popular with American voters, and I think that's trickling through into different parts of policy." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
- Yahoo Finance Video
Metals, oil, and ethereum price: Commodities Check
While commodities extend price rallies in recent weeks, Yahoo Finance Senior Markets Reporter Jared Blikre monitors the action seen in key commodities futures — including precious metals silver (SI=F) and copper (HG=F) and crude oil (CL=F, BZ=F) — as well as cryptocurrencies bitcoin (BTC-USD) and ethereum (ETH-USD). For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Ether ETF hopes, Macy's earnings, Nvidia: 3 Things
Stock futures (^DJI, ^GSPC, ^IXIC) are muted on Tuesday morning after the tech-heavy Nasdaq recorded a new record closing high on Monday. The moves are tied to AI optimism, as investors await Nvidia's first-quarter results (NVDA). First-quarter retail earnings from Macy's (M) and Lowe's (LOW) provided a fresh read on the state of the consumer. Macy's beat expectations as it weighs a future between a turnaround and a buyout. Lowe's beat on earnings and revenue even as consumers spent less on DIY projects. Ethereum (ETH-USD) and bitcoin (BTC-USD) are surging on renewed hopes of a new class of US exchange-traded funds (ETFs) tied to ether. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This article was written by Gabriel Roy.
