{"id":132672,"date":"2024-07-09T08:00:28","date_gmt":"2024-07-09T05:00:28","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=132672"},"modified":"2024-07-08T17:09:50","modified_gmt":"2024-07-08T14:09:50","slug":"expectations-high-for-ethereum-etf-approval-and-price-surge","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/expectations-high-for-ethereum-etf-approval-and-price-surge\/","title":{"rendered":"Expectations High for Ethereum ETF Approval and Price Surge"},"content":{"rendered":"<p>SEC briefly delayed ETFs for revisions, setting a July 8 deadline for amended filings. Minimal revisions suggest trading may start within two weeks.<\/p>\n<p>Matrixport forecasts <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/ethereum\/\">ETH<\/a><\/strong> could hit $3,400 post-approval, citing historical 20% gains from similar filings, boosting investor confidence.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/hashtag\/Matrixport?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#Matrixport<\/a> \ud83d\udcc8Today-Jul 8: SEC Will Likely Approve <a href=\"https:\/\/twitter.com\/hashtag\/ETH?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#ETH<\/a> ETF This Week<a href=\"https:\/\/twitter.com\/hashtag\/CryptoFinance?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#CryptoFinance<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/cryptocurrency?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#cryptocurrency<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Crypto?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#Crypto<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/SEC?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#SEC<\/a> <a href=\"https:\/\/t.co\/83WVrVjrOZ\" rel=\"nofollow\">pic.twitter.com\/83WVrVjrOZ<\/a><\/p>\n<p>\u2014 Matrixport Official English (@Matrixport_EN) <a href=\"https:\/\/twitter.com\/Matrixport_EN\/status\/1810211157627838681?ref_src=twsrc%5Etfw\" rel=\"nofollow\">July 8, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Bernstein targets $6,600 for Ethereum, buoyed by ETF optimism and past <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">BTC<\/a><\/strong> surges after regulatory nods.<\/p>\n<p>ETH trades around $3,030, up 2%, with a 57% surge in trading volume, reflecting anticipation for SEC decisions.<\/p>\n<p>Approval could bolster sentiment; delay may dampen buyer interest and affect broader market trends.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Matrixport expects SEC approval for Ethereum ETFs this week, akin to past swift approvals. Major firms like BlackRock and Fidelity prepare S-1 filings, anticipating ETH&#8217;s price could double.<\/p>\n","protected":false},"author":3,"featured_media":92103,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[72,424,294,271,384],"coin_category":[],"class_list":["post-132672","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-bitcoin","tag-crypto","tag-etf","tag-ethereum","tag-optimism"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Expectations High for Ethereum ETF Approval and Price Surge<\/title>\n<meta name=\"description\" content=\"Matrixport expects SEC approval for Ethereum ETFs this week, akin to past swift approvals. 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