Ether Lium celebrated its 10th anniversary with its main milestone, and the company's Treasury currently has more than $ 10 billion in ETH and accounted for 2.26%of the circulation supply.
Companies such as Sharplink Gaming and Bitmine Immersion Technologies are now leading to the largest holders that surpass the Etherrium Foundation.
This growth has attracted institutional interest, attracting more than $ 65 million in Ethereum ETFs and $ 215 billion in management assets every day. The in -kind/repayment model approved by the SEC has added additional appeals by providing tax efficiency to large investors.
ETH's price trends to the upside on the daily chart. Source: ETHUSD on Tradingview
XRP and Solana ETF can be arrived by October
Us Securities and Exchange Commission (SEC) introduced a general list standard framework where dozens of digital assets can receive ETF approval if they have traded futures from a designated exchange for six months. This includes Etherrium, XRP, Solana, Cardano, Dogecoin and SHIBA INU.
Solana's ETF approval can occur early from October 10th and XRP is expected soon. According to market analysts, the probability of approval of XRP, Solana and Litecoin ETF exceeds 95%.
The SEC also approved Terreium ETP, the Expansion Option Contract Restriction on Mixed Bitcoin-and introduced a tax-friendly repayment method. These changes remove the traditional 19B-4 rules change process, simplifying the ETF list with a 75-day review to change bureaucracy.
The SEC represents the authority to CFTC and wants to lead the adoption of global passwords.
The SEC effectively outsourced the ETF approval authority at the Commodity Future Trading Commission (CFTC) based on eligibility for future trading records.
SEC Chairman Paul Atkins stressed that the committee will now promote the future prevention regulation by protecting the investor and protecting the investor.
Despite the criticism of the monopoly of coinbase derivatives in the qualified futures market, the SEC decision shows regulatory changes and potentially positions the United States as a global center for encryption innovation.
With the withholding 72 Crypto ETF applications, we can guide one of the most strengths for the adoption of institutional encryption in American history.
The image of CHATGPT, the ETHUSD chart of TradingView
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