Close Menu
fintechbits
  • News
  • AI
  • Acquisitions
  • Trends
  • Insights
  • Rumors
  • Startups
  • finjobsly

Subscribe to Updates

Get the latest news from Fintechbits.

Trending Now

Vietnam Fintech Market Overview: Trends, Growth Potential, and Future Directions

October 8, 2025

Seven startups that showcase the European fintech disruption with Kinled – TFN.

October 8, 2025

Fintech startup Niro shuts down operations

October 8, 2025

Majority of UK finance experts believe AI will shape the future of cross-border banking.

October 8, 2025
Facebook X (Twitter) Instagram
Trending
  • Vietnam Fintech Market Overview: Trends, Growth Potential, and Future Directions
  • Seven startups that showcase the European fintech disruption with Kinled – TFN.
  • Fintech startup Niro shuts down operations
  • Majority of UK finance experts believe AI will shape the future of cross-border banking.
  • Today’s Leading Startup News: Artificial Intelligence, Financial Technology, and Worldwide Investment
  • The startup Lending Niro ceases operations.
  • Global Finance announces inaugural AI in Finance awards and names regional and global winners for 2025 in collaboration with CGI.
  • West Hartford’s New Silver Transitions from Software Startup to Rapidly Expanding Real Estate Lender
Facebook X (Twitter) Instagram Pinterest Vimeo
fintechbits
  • News

    What $9.6T Daily FX Trading Means for Fintech Startups

    October 1, 2025

    How Finjobsly is Helping Candidates Connect With Fintech Firms

    September 29, 2025

    AI-powered fintech job platform Finjobsly.com Launches

    September 16, 2025

    FCCPC recoups 10 billion naira for harmed customers after grievances against banks and fintech companies

    September 11, 2025

    Hyderabad Fintech Viyona secures NPCI approval to function as a third-party application provider.

    September 11, 2025
  • AI

    Majority of UK finance experts believe AI will shape the future of cross-border banking.

    October 8, 2025

    Global Finance announces inaugural AI in Finance awards and names regional and global winners for 2025 in collaboration with CGI.

    October 8, 2025

    Revamping the Client Challenge Title

    October 7, 2025

    The FDA seeks feedback on the effectiveness of AI in compatible medical devices.

    October 7, 2025

    It turned the most boring duty of the CFO into a $91 million finance startup.

    October 7, 2025
  • Acquisitions

    Amazon concludes its acquisition of the Indian lender Axio, expanding its fintech efforts.

    September 11, 2025

    The incident involving the Kaustubh Kulkarni movement in Moomoo

    September 3, 2025

    Overview of Acquisitions for US Fintech Companies from the Clifford Chance Guide

    September 2, 2025

    Dentons guides PEAC Solutions in acquiring Fintech Topi

    August 29, 2025

    Truckstop.com purchases the denim division of the transport finish company

    August 24, 2025
  • Trends

    Vietnam Fintech Market Overview: Trends, Growth Potential, and Future Directions

    October 8, 2025

    Industry size projected to reach 550.9 billion USD

    October 3, 2025

    Germany’s Fintech Market Expected to Reach 29.25 Billion USD by 2030

    October 3, 2025

    Expansion of the Blockchain and Fintech Sectors in Tokenization

    September 30, 2025

    Expansion and Investment Prospects in the GCC Fintech Sector

    September 25, 2025
  • Insights

    Finance Minister Sitharaman inaugurates foreign currency settlement system in Gift City.

    October 7, 2025

    What $9.6T Daily FX Trading Means for Fintech Startups

    October 1, 2025

    Exploring the Boundaries of Technology: Advantages of the Fintech Sector

    September 30, 2025

    Examining the recent evaluation of Up Fintech following new analyst coverage that emphasizes its growth prospects.

    September 24, 2025

    Riyadh Establishes a New Benchmark with Record 20/20 Middle East Funds, Enhancing Saudi Arabia’s Influence

    September 21, 2025
  • Rumors

    American regulators dismiss rumors of a dry CFTC merger, aiming to eliminate fear, uncertainty, and doubt in the cryptocurrency space.

    October 5, 2025

    Insights on OKX Communication Strategies for the Future of BTC Futures

    October 3, 2025

    Has the Texas Senate authorized the XRP reserve bill for purchasing $100 million in XRP annually?

    October 1, 2025

    Bitcoin and Ethereum dominate the market surge

    September 23, 2025

    Dogecoin price aims for $0.30 as the launch of Doje ETF boosts market optimism.

    September 18, 2025
  • Startups

    Seven startups that showcase the European fintech disruption with Kinled – TFN.

    October 8, 2025

    Fintech startup Niro shuts down operations

    October 8, 2025

    Today’s Leading Startup News: Artificial Intelligence, Financial Technology, and Worldwide Investment

    October 8, 2025

    The startup Lending Niro ceases operations.

    October 8, 2025

    West Hartford’s New Silver Transitions from Software Startup to Rapidly Expanding Real Estate Lender

    October 7, 2025
  • finjobsly
fintechbits
Home » Ether hits two-month high on ETF approval rumors
Market Rumors

Ether hits two-month high on ETF approval rumors

2 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
143631808 M Normal None.jpg
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy before making financial decisions.

Ethereum (ETH), the world’s second-largest cryptocurrency, has seen a sharp price surge, hitting a two-month high of $3,824, following rumors that the U.S. Securities and Exchange Commission (SEC) may soon approve spot trading. Ether Exchange Traded Funds (ETFs).

The news sparked bullish sentiment across the cryptocurrency market, with Ethereum’s price surging by over 22% in a matter of hours and the overall digital asset market gaining 7.5%, reaching a market cap of $2.6 trillion with a 130% increase in trading volumes.

Ether hits two-week high amid ETF spot speculation

The cryptocurrency market saw significant gains, with Ethereum price surging 21.93% to $3,796.83. Bitcoin (BTC) reaching $70,338.38, with other altcoins like Dogecoin (DOGE) and Cardano (ADA) also increasing.

Reports suggesting that the SEC may soon approve Ether ETFs contributed to the price surge, with the price of Ether rising 24.50% to around $3,790, the highest level in two months.

Why is the price of Ether skyrocketing?

The main reason behind the significant increase in Ethereum price is the growing speculation about the upcoming SEC approval of spot Ether ETFs.

Two main factors have contributed to the recent rise in the price of Ether: the increased likelihood of U.S. approval of an Ethereum spot ETF and a DOJ indictment reducing the likelihood of ETH being classified as a security. The SEC’s engagement with cryptocurrency exchanges and ETF issuers to update their filings has significantly boosted investor confidence.

At the same time, a sharp increase in Ether futures contracts open interest and funding rates indicated growing investor interest and bullish sentiment towards Ethereum.

Do you think we could see a Bitcoin-like rally with Ethereum if spot ETFs are approved? Let us know in the comments below.

Disclaimer: The author does not own or hold any position in any of the securities discussed in the article.

About the author


Tim FriesTim Fries

Tim Fries is the co-founder of The Tokenist. He holds a BS in Mechanical Engineering from the University of Michigan and an MBA from the University of Chicago Booth School of Business. Tim was a Senior Associate on the investment team of RW Baird’s U.S. Private Equity practice and is also the co-founder of Protective Technologies Capital, an investment firm focused on sensing, protection and control solutions.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

American regulators dismiss rumors of a dry CFTC merger, aiming to eliminate fear, uncertainty, and doubt in the cryptocurrency space.

October 5, 2025

Insights on OKX Communication Strategies for the Future of BTC Futures

October 3, 2025

Has the Texas Senate authorized the XRP reserve bill for purchasing $100 million in XRP annually?

October 1, 2025
Leave A Reply Cancel Reply

Latest news

Vietnam Fintech Market Overview: Trends, Growth Potential, and Future Directions

October 8, 2025

Seven startups that showcase the European fintech disruption with Kinled – TFN.

October 8, 2025

Fintech startup Niro shuts down operations

October 8, 2025
News
  • AI in Finance (1,702)
  • Breaking News (171)
  • Corporate Acquisitions (71)
  • Industry Trends (207)
  • Jobs Market News (309)
  • Market Insights (216)
  • Market Rumors (279)
  • Regulatory Updates (173)
  • Startup News (1,107)
  • Technology Innovations (179)
  • X Feed (1)
About US
About US

FintechBits is a blog delivering the latest news and insights in fintech, finance, and technology. We cover breaking news, market trends, innovations, and expert opinions to keep you informed about the future of finance

Facebook X (Twitter) Instagram Pinterest Reddit TikTok
News
  • AI in Finance (1,702)
  • Breaking News (171)
  • Corporate Acquisitions (71)
  • Industry Trends (207)
  • Jobs Market News (309)
  • Market Insights (216)
  • Market Rumors (279)
  • Regulatory Updates (173)
  • Startup News (1,107)
  • Technology Innovations (179)
  • X Feed (1)
Happening Now

November 28, 2024

“ Intentionally collaborative ”: how the Rotman school of U of T leads Innovation Fintech

February 6, 2025

‘1957 Ventures’ to Drive FinTech Innovation in Saudi Arabia

September 10, 2024
  • About FintechBits
  • Advertise With us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Terms and services
  • BUY OUR EBOOK GUIDE
© 2025 Designed by Fintechbits

Type above and press Enter to search. Press Esc to cancel.