Bitget Daily Futures Market Update(0718)
Bitget2024/07/18 08:54
By:Bitget
In Likely Precursor to Ether ETF Approval, Most Applicants Have Submitted Their Final Forms
Applicants seeking to issue exchange-traded funds tied to
Ethereum's ether have now submitted their final documents needed to launch the funds, probably next week.
Asset managers including BlackRock, Fidelity, 21Shares, Grayscale, Bitwise and Invesco Galaxy – who are all in the race to launch ether ETFs in the U.S. – submitted amended S-1 filings on Wednesday.
Two industry sources
previously told CoinDesk that U.S. Securities and Exchange Commission staff advised them to file final amendments by Wednesday and that the applications may be deemed effective – essentially, approved – by Monday, with trading to begin Tuesday.
The SEC previously approved 19b-4 forms from NYSE Arca, Cboe and Nasdaq for the various applications for spot ether ETFs near the end of May, resolving a procedural hurdle and giving the strongest indication thus far that it would ultimately approve the spot ether ETF applications.
Source:
CoinDesk
Futures Market Updates
Bitcoin's stalling at $64K resulted in nearly $28 million long liquidations. The general sentiment is twice more bullish in ETH
markets than BTC markets.
Bitcoin Futures Updates
Total BTC Open Interest: $33.82B (-2.10%)
BTC Volume (24H): $55.65B (-29.84%)
BTC Liquidations (24H): $27.96M (Long)/$15.30M (Short)
Long/Short Ratio: 48.95%/51.05%
Funding Rate: 0.0050%
Ether Futures Updates
Total ETH Open Interest: $14.10B (-1.47%)
ETH Volume (24H): $21.81B (-26.86%)
ETH Liquidations (24H): $14.90M (Long)/$3.89M (Short)
Long/Short Ratio: 48.25%/51.75%
Funding Rate: 0.0096%
Top 3 OI Surges
ALICE: $16.38M (+123.75%)
PRCL: $2.17M (+112.39%)
RPL: $2.09M (+67.70%)
1
0
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.
PoolX: Stake to earn
CEC, QTLX, GDV and other popular new coins are in hot progress!
Stake now!
You may also like
Celestia Price Prediction in 2024: October November December, GoodEgg Remains Dominate Altcoin
Newsbtc•2024/09/20 19:45
Dogecoin: Can DOGE Keep Up With New A.I Casino Rival Positioned To Rally Similar To Pepecoin
Newsbtc•2024/09/20 19:45
3 Reasons Why Toncoin Can’t Keep Up With New Gambling ICO Mpeppe
Newsbtc•2024/09/20 19:45
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$62,826.59
-0.65%
Ethereum
ETH
$2,543.97
+3.18%
Tether USDt
USDT
$1.0000
-0.03%
BNB
BNB
$567.7
+0.16%
Solana
SOL
$147.14
+2.49%
USDC
USDC
$1.0000
+0.00%
XRP
XRP
$0.5843
-1.24%
Dogecoin
DOGE
$0.1051
-1.09%
TRON
TRX
$0.1520
+0.50%
Cardano
ADA
$0.3518
-0.56%
Bitget pre-market
Buy or sell coins before they are listed, including HMSTR, CATI, OGC, EIGEN, and more.
Trade now
Not a Bitgetter yet?Sign up now to embark on a journey into the crypto world!
Sign up now