A Huge Week For Crypto: Ethereum ETFs, Trump Bitcoin Endorsement, and XRP SEC Breakthrough

A Huge Week For Crypto: Ethereum ETFs, Trump Bitcoin Endorsement, and XRP SEC Breakthrough

full version at coinedition
  • The first Ethereum spot ETFs may commence trading on Tuesday.
  • Donald Trump will address the Bitcoin community at Bitcoin 2024 on July 27.
  • Ripple’s CEO is optimistic about a resolution to its litigation with the SEC.

The cryptocurrency market braces for a monumental week ahead, with three major developments set to transform the industry. Ethereum, Bitcoin, and XRP are all poised for significant milestones that could have far-reaching implications for their respective ecosystems.

Ethereum leads the pack as tomorrow, July 23, is expected to mark the commencement of trading for an ETH spot exchange-traded fund (ETF) after securing SEC approval in May.

Last week, the Chicago Board Options Exchange (CBOE) confirmed the listing of five Ethereum ETFs set for Tuesday, July 23. This represents a major breakthrough for Ethereum, providing institutional investors with a new avenue to access the second-largest cryptocurrency by market capitalization.

Bitcoin is also set for a historic moment this week as former U.S. President Donald Trump plans to deliver a speech at Bitcoin 2024 in Nashville, TN, on July 27. This will be the first time a U.S. president has pu…

The post A Huge Week For Crypto: Ethereum ETFs, Trump Bitcoin Endorsement, and XRP SEC Breakthrough appeared first on Coin Edition.

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