playblackjackfree| "Buy rumors and sell news"? Ethereum extended gains on Tuesday, but experts said a sell-off was feared on Thursday

The price of cryptocurrency rose on Tuesday as the Securities and Exchange Commission (SEC) may approve ethernet ETF, Zhitong Finance has learned.PlayblackjackfreeThe decision sparked optimism and the first applications are likely to be submitted this week. Yi Tai Fong led the rise, up 9 per cent to 3680, according to Coin MetricsPlayblackjackfree.98 dollars. The price of the cryptocurrency soared 20% on Monday. Meanwhile, Bitcoin rose 2 per cent to about $71350, extending an 8 per cent rise above the $70000 mark the previous day.

Stocks related to encryption have also caught up with this wave. Coinbase (COINPlayblackjackfreeUs) and Microstrategy (MSTR.US) extended gains to about 2 per cent in after-hours trading after closing up more than 9 per cent on Monday, and Robinho was up nearly 3 per cent after hours. Several bitcoin mining stocks rose 3%, including Marathon Digital (MARA.US), Riot Platforms (RIOT.US), Iren (IREN.US) and CleanSpark (CLSK.US).

Investors are reconsidering the possibility of the SEC approving the Ethernet Fong ETF application because of reports that the SEC has recently communicated with at least one exchange and potential Ethernet Square ETF issuers with the aim of updating the 19b-4 documents. These documents are related to the listing of ETF, suggesting that SEC's approval of ethernet ETF may be accelerating. Although this positive development has been revealed by people familiar with the matter, the exact timing of the approval remains uncertain. The consensus was that such funds might not be approved.

The final decisions on VanEck and Ark Invest applications will be announced on Thursday and Friday, respectively. BlackRock, Fidelity, Invesco, Grayscale and Bitwise Asset Management also have applications awaiting approval this year.

Some fund managers are expected to be vetoed because applicants' contacts with regulators are not as frequent as when Bitcoin ETF went public. It has also been pointed out that ETF may not be able to list quickly because another key process could be delayed indefinitely by the Securities and Exchange Commission. But things are not so pessimistic because the applicant may take legal action after being rejected, which will rekindle hopes of ETF entering the trading market.

Bartosz Lipi Bartosz Lipi ski, chief executive of Cube Exchange, said: "prices soared shortly after rumors that the US Securities and Exchange Commission (SEC) might approve spot ETF in Ethernet Fong this week. Just like bitcoin spot ETF was approved earlier this year, butPlayblackjackfreeI think it's like buying as soon as you hear the rumor and selling when you hear the news. I can imagine a rebound before this Thursday. Then, whether or not these funds are approved, there will be at least a brief sell-off. "

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