🏴 The ETH ETFs Era

gm Bankless Nation, it's official, spot ETH ETFs are coming, and now Ethereum enters a brave new world.

The ETH ETFs Era Published on May 24, 2024 View in Browser gm Bankless Nation, Spot ETH ETFs are on the way, ushering in a brave new world for Ethereum. Onward and upward! Today's Issue ⬇️ ☀️ Need to Know: RIP Sweet Doge The world mourns Kabosu. 📊 Today in Markets: Bearish Unlock Why is ETH sliding now? 🧪 Analysis: ETH ETF Approvals Everything you need to know. 🎧 Early Access: The Stablecoin Threat? Talking stables with a former CFTC Chair. p.s. Thanks to Transporter. Underpinned by Chainlink CCIP, Transporter is an app for bridging tokens across blockchains with seamless UX and 24/7 support. Try it out at transporter.io! Sponsor: ORA — ORA is Ethereum’s Trustless AI, bringing Onchain AI to life. Sign up for ORA .  .  . NEED TO KNOW RIP Sweet Doge 😭 Kabosu passes. The beloved Shiba Inu who inspired the Doge meme just passed away at age 18—may her joyful legacy live on. Read more on Bankless.com 🛑 EF eyes new policy. The Ethereum Foundation is expediting a new policy on potential conflicts of interest in light of recent advisorships. Read more on Bankless.com ⚖️ Coinbase seeks an appeal. The crypto exchange giant is doubling down on appealing a judge's ruling on investment contracts in its ongoing case vs. the SEC. Read more on Bankless.com .  .  . TODAY IN MARKETS Bearish Unlock Bankless Author: Jack Inabinet 🐻 Selling the news. Ethereum’s spot ETFs took a major step toward trading yesterday after listing exchanges received “delegated approval” for their 19b-4 applications. Why is the ETH price now sliding? Read more on Bankless.com Prices as of 3pm ET 24hr 7d Crypto $2.55t ↗ 0.4% ↗ 5.4% BTC $68,989.12 ↗ 2.5% ↗ 3.3% ETH $3,736.19 ↘ -0.8% ↗ 21.3% .  .  . ANALYSIS Understanding the ETH ETF Approvals Bankless Author: Jack Inabinet Just last week, you would have been hard-pressed to find anyone bullish on the probability of spot ETH ETF approvals. Then, yesterday what many thought was impossible finally arrived: news wires reported that the SEC OK'd all proposed spot ETH ETFs before it. Let's explore the impact of this historic news on ETH and the broader crypto regulatory landscape! 👇 Get the full analysis FRIEND & SPONSOR: ORA ORA is Ethereum's Trustless AI. ORA's Onchain AI Oracle brings Llama 3, Stable Diffusion, and OpenLM models onchain. You can start to earn ORA Points for using onchain AI at ora.io/app/tasks. Follow @ORAProtocol on X for the latest Onchain AI updates, hackathons, and rewards. Sign up for ORA .  .  . EARLY ACCESS The Stablecoin Threat? Time to dig into the big questions surrounding stablecoins and their national security implications. Joining us on the pod is Timothy Massad, former CFTC Chair and the key figure behind designating Bitcoin as a commodity over a decade ago. We talk stablecoins, how they compare to eurodollars, sensible crypto policies, and more. Bankless Citizens get Early Access to our Monday Podcast and an exclusive Debrief of the episode 👇 Unlock in Early Access Manage your account Not financial or tax advice. Bankless content is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time we may add links in this newsletter to products we use. We may receive a commission if you make a purchase through one of these links. Additionally, the Bankless team holds crypto assets. See our Investment Disclosures | Terms & Conditions | Privacy Policy Bankless © 2024 – Unsubscribe