Is altcoin season potential still alive or running out of steam? XRP ETF filings flood in, and more: Hodler’s Digest
US regulators said they need more time to decide whether to permit the trading of options tied to Ether exchange-traded funds (ETFs), according to a Feb. 7 regulatory filing.
The filing was a response to Nasdaq ISEs July request for permission to list options contracts for BlackRocks iShares Ethereum Trust (ETHA). The US Securities and Exchange Commission now has until April 2025 to reach a decision, per the filing.
Nasdaqs proposed rule change would apply exclusively to options on ETHA, which is the only Ether ETF listed on Nasdaqs electronic exchange. Others are listed on the New York Stock Exchanges Arca or Cboe.
Read more,Visual Description for the Article “Is altcoin season potential still alive or running out of steam? XRP ETF filings flood in, and more: Hodler’s Digest”:
The image depicts an expansive, futuristic financial district at twilight, full of towering skyscrapers with digital screens flashing cryptocurrency symbols. The focal point is a massive, holographic display of a bull and bear, symbolizing the volatile market, locked in a dynamic struggle above the city. The bull, glowing in a vibrant gold hue, represents the potential and bullish trends in altcoins, while the silver-toned bear reflects skepticism and bearish sentiments.
In the foreground, a large, digital ticker tape shows current cryptocurrency values in real-time, with an emphasis on XRP and Ethereum symbols. Several people, representing diverse investors and traders, are observing this ticker intensely, equipped with tablets and smartphones displaying graphs and additional market data.
To the left, there’s a symbolic representation of the U.S. Securities and Exchange Commission (SEC) as a classical Greek temple, but made of modern glass and steel. It’s partly in shadow, symbolizing the ongoing deliberations and uncertainties surrounding cryptocurrency regulations, specifically regarding the Ether ETFs.
The sky shifts from a calm twilight blue to a deeper nocturnal shade, dotted with drones carrying news screens and further representing the rapid transmission of information in the digital age. The overall atmosphere combines a sense of anticipation with cautiousness, capturing the essence of the ongoing debate about the future of altcoins and the evolving regulatory landscape.
This image compellingly conveys the cutting-edge intersection of technology, finance, and regulation, with visual elements that emphasize movement, tension, and the brightness of screens against the encroaching dusk, underpinning the theme of potential amidst uncertainty.
Tags: Blockchain, Cryptocurrency, Financial Markets, Regulation, SEC, Ethereum, XRP, Bull vs Bear, Fintech
