Ethereum GBP (ETH-GBP)
| Previous close | 2,980.07 |
| Open | 2,980.07 |
| Day's range | 2,865.45 - 3,011.90 |
| 52-week range | 1,217.17 - 3,191.66 |
| Start date | 2015-08-07 |
| Algorithm | N/A |
| Market cap | 350.791B |
| Circulating supply | 120.13M |
| Max supply | N/A |
| Volume | |
| Volume (24 hrs) | 34.05B |
| Volume (24 hrs) all currencies | 34.05B |
- Yahoo Finance Video
Stocks look to rebound, SEC paves way for Ether ETF: Yahoo Finance
Wall Street is searching for a bounce back today after the Dow (^DJI) suffered its worst trading day in over a year. The major indices (^DJI, ^IXIC, ^GSPC) all closed lower yesterday, with the Dow dropping over 600 points. Boeing (BA) was a major drag on the market, falling over 7% following comments from the company's CFO, who said he expected the company to burn cash this year. In crypto, the SEC has paved the way for ether ETFs after approving a rule change. ethereum (ETH-USD) has seen a significant jump in the last week in anticipation of the move. Yahoo Finance trending tickers include Workday (WDAY), Intuit (INTU), and bitcoin (BTC-USD). Key guests include:9 a.m. ET - Keith Lerner, Truist Co-Chief Investment Officer & Chief Market Strategist10 a.m. ET - Andrew Hollenhorst, Citi Chief US Economist10:30 a.m. ET - Jake DeWitte, Oklo Co-Founder & CEO11:15 a.m. ET - Mary Hines Droesch, Bank of America Head of Products for Consumer, Business and Wealth Management Banking and Lending
- Yahoo Finance Video
Crypto: How certain is SEC approval of an ether ETF?
The Securities and Exchange Commission (SEC) is quickly approaching its Thursday deadline over whether to approve an ether ETF. Crypto prices, including ethereum (ETH-USD), have been rallying this week on the hopes of a new investment offering, following in the footsteps of the spot bitcoin (BTC-USD) ETFs given the go-ahead at the start of 2024. BitGo Go Network Head and Managing Director Matt Ballensweig joins Asking for a Trend Host Josh Lipton to explain his certainty that the SEC will ultimately approve an ether ETF and what demand for such a product could look like. "There seems to be, I think, an intentional pivot by the current administration to signal really a support for digital currencies. We saw the Senate overturning SAB 121 last week, which would have made it really hard for banks and large dealers to hold crypto on their balance sheet," Ballensweig explains. "Obviously, that still has to get through the president, but there was also a landslide approval yesterday in the house of Reps. for crypto's Financial Innovation and Technology for the 21st Century Act [FIT21] which had both Democratic and Republican support." For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Luke Carberry Mogan.
Barrons.comBitcoin and Ether Are Dropping After SEC’s ETF Approval. Here’s Why.
Potential spot Ether exchange-traded fund issuers could still go back and forth with the agency for weeks or months before receiving final permission to launch their products.
