Helene is a New York-based reporter covering Wall Street, the rise of the spot bitcoin ETFs and crypto exchanges. She is also the co-host of CoinDesk's Markets Daily show. Helene is a graduate of New York University's business and economic reporting program and has appeared on CBS News, YahooFinance and Nasdaq TradeTalks. She holds BTC and ETH.
With the deadline for a decision on the approval of a spot ether ETF by the U.S. Securities and Exchange Commission approaching, industry experts are weighing the potential uptake of such a fund.investing in an ether ETF wouldn’t make sense as such funds won’t likely allow staking reward distribution.
“The world of investors who are looking for cash producing assets is massive and ETH obviously generates fees that goes to the token holders," explained Kanade."Even if you don't have an ETF that can offer staking as a part of it, it's still a cash producing asset, so I think ETH could make more sense as an asset to more people than Bitcoin does.”
“Initially we were one of the few that did not do a short term waiver, we came out very aggressively at a low fee right from the start and I had always thought that that was the right level to be at but I think our thinking was that historically with ETF launches, the short term waivers have not gone over that well and frankly, they can be a little confusing, and maybe have a lack of transparency as to how they work,” said Kyle DaCruz, director of digital assets products at VanEck.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
New York City, New York job with Columbia Center for Translational ImmunologyThe Laboratory of Arnold Han MD, PhD is inviting applications for a dynamic and highly motivated postdoctoral research scientist to join his research program in immunology at Columbia University Vagelos College of Physicians and Surgeons.
Read more »
Bitcoin hits $73K as BTC spot ETFs edge closer to overtaking Gold ETFs in AUMBitcoin (BTC) price has progressively forged north for the past several weeks, breaking past key barriers and inspiring bullish optimism among community members.
Read more »
FOX 5 NY named official partner of NY Liberty, to broadcast 2024 gamesWNYW FOX5 New York has been named the Official TV Partner of the New York Liberty.
Read more »
BlackRock's Bitcoin ETF Nears 200K BTC, Passing Michael Saylor's MicroStrategyHelene is a New York-based reporter covering Wall Street, the rise of the spot bitcoin ETFs and crypto exchanges. She is also the co-host of CoinDesk's Markets Daily show. Helene is a graduate of New York University's business and economic reporting program and has appeared on CBS News, YahooFinance and Nasdaq TradeTalks. She holds BTC and ETH.
Read more »
Today in New York at 7 a.m. — Watch Live Coverage From NBC 4 New York on the NBC New York app and streaming channelBookmark this page for regularly-scheduled newscasts and breaking coverage from NBC 4 New York.
Read more »
Underground New York Fashion Gets the Spotlight at a New Show at Pratt Manhattan GalleryAn alternative history of new york fashion is revealed in the show which includes works from Eckhaus Latta, Vaquera, and Susan Cianciolo.
Read more »