Cryptocurrency News TheBitTimes.com

The launch of Ethereum futures ETFs heralds cautious optimism in the crypto world. Here is everything you need to know . The U.S. financial markets are buzzing with excitement as, for the first time in the country, an Ethereum (ETH) exchange-traded fund (ETF) stands on the brink of introduction.  On September 28, asset management company VanEck dropped a significant announcement, confirming the debut of their VanEck Ethereum Strategy ETF (EFUT). Investors can expect to see EFUT shares listed on the Chicago Board Options Exchange (CBOE), with the listing date still kept under wraps by VanEck. But here’s the twist. While Ethereum futures ETFs like EFUT are seeing the green light, their counterparts that focus on actual cryptocurrencies, known as crypto spot ETFs, are still stuck at the regulatory crossroads. The Ethereum ETF by VanEck is just the tip of the iceberg, leading a convoy of 14 other proposals knocking on the SEC’s door, each hoping to launch their version o...

Cointelegraph analyst and writer Marcel Pechman explains how the Credit Suisse bank crisis will impact the crypto market. The show Macro Markets, hosted by Marcel Pechman, which airs every Friday at 12 pm ET on the Cointelegraph Markets & Research YouTube channel, explains complex concepts in layman’s terms and focuses on the cause and effect of traditional financial events on day-to-day crypto activity. In today’s episode, crypto analyst Pechman discusses how to analyze banks — importantly, how to avoid the erroneous market capitalization indicator, which had a $15.8-billion value for the defunct Silicon Valley Bank (SVB). The enterprise value (EV) metric provides a much better picture of a bank’s balance sheet terms by subtracting net debt from market cap. Of course, Pechman first explains the relationship between Banking valuation and crypto currencies, specifically Bitcoin’s (BTC) ethos. The video explores the 2018 denial of The Narrow Bank’s application, a bank that would...