Morileck

RISE TO THE TOP | KEEP ON THE GRIND

[Trading_Sherlock @TradingSherlock]

Are we heading into an ETF bubble? As Ripple CEO Brad Garlinghouse Says XRP ETFs May Come in 2025

Kind of reminds me of the Opera Meme of everyone gets a car.

You get a car and everyone gets a car!

#RippleLabs CEO #BradGarlinghouse spoke on #FoxBusiness Tuesday to discuss the future perspectives of Spot #XRPETFs. Recently, the CEO said that following #Ethereum and #Bitcoin, #XRP, #SOL, and #ADA may be next in line to receive Spot #cryptoETFs.

[Trading_Sherlock @TradingSherlock]

Although #Etherium might look #bullish at the moment, it's wise to take into consideration that the #ETF S-1 applications are not yet accepted and trading is not yet live.

So here is the highest odds setup for #Ether and #Altcoins.

#uni
#sol
#etc
#avax

[Trading_Sherlock @TradingSherlock]

🔴If you're a Beginner Trader, you HAVE to WATCH THIS ...

The best advice I can give you for trading.

Watching the #ETHBTC pair closely lately. It shows that the turn hasn't really come yet for the #ALTCOINS and that Alts are actually still in their bear market.

The shift of #liquidity has not shifted out from the higher #marketcaps into the lower market caps.

Also...

#Fidelity Pushes For #ETF Listing And Maintenance Fees After Threatening To Charge #Investors If No Agreement Is Reached.

This move by Fidelity is significant in the context of its recent activities in the ETF space. In March, Fidelity added #staking to its proposed #EthereumETF application, aiming to allow #ETFinvestors to earn additional income through staking rewards.

[Trading_Sherlock @TradingSherlock]

JUST IN: #Ethereum Whale Accumulation Intensifies As Over $3 Billion Worth of #ETH Leaves Exchanges.

Currently, 41% of the $ETH supply is held by addresses with more than 1% of the total supply, up from 36% at the start of the year. This trend highlights increasing confidence among large holders.

Before any trading can begin, issuers of spot #EtherETFs must receive the go-ahead on their S-1 registration statements, with the #SEC having no set deadline to review these filings.

[Trading_Sherlock @TradingSherlock]

There I no #Liquidity for #ETHERIUM #ETFs

A report from the research firm #Kaiko highlighted the potential consequences of #Grayscale’s Ethereum #SpotETF on the #ETH market. Consequently, if Grayscale’s Ethereum Trust (#ETHE) follows the same path as the Bitcoin Trust of Grayscale (#GBTC), it could lead to considerable daily fund #outflows, estimated at about $110 million!

[Trading_Sherlock @TradingSherlock]

BlackRock Moves Closer To Launching First Spot #EthereumETF

Submitted an amended S-1 form for its proposed spot #Ether exchange-traded fund (ETF), providing additional details about the newly approved product for listing in the U.S.

The document stated, "On May 21, 2024

#BlackRock has already seen success with its #BitcoinETF iShares Bitcoin Trust (#NASDAQ: #IBIT), which has become the world's largest publicly traded #bitcoin fund, surpassing #Grayscale‘s #BitcoinTrust

[Trading_Sherlock @TradingSherlock]

#Fidelity’s Spot #EthereumETF Added to #DTCC List; Awaits Regulatory Approval

DTCC has previously emphasized that this is standard procedure and doesn't guarantee regulatory approval from the #SEC.

Last week, the SEC provided a key green light by approving the 19b-4 forms for eight spot #ether #ETF proposals, including Fidelity’s. However, the final hurdle remains – SEC approval of the S-1 registration statements. Both Fidelity and #BlackRock recently filed amended S-1 forms for their respective ETFs.

[Trading_Sherlock @TradingSherlock]

#GBTC outflows overpower spot #bitcoin #ETF inflows while Giant #Chinese Funds Apply for #Spot Bitcoin ETFs in #HongKong as #US Hype Moderates

[Trading_Sherlock @TradingSherlock]

#China's largest asset managers apply for #spotBitcoin ETF - #BITCOIN #TechnicalAnalysis Under Over confirmation

[Trading_Sherlock @TradingSherlock]

#SEC defers decision on #Bitwise, #Grayscale #Bitcoin #ETF options while #Chinese Equity Funds Eye Spot Bitcoin ETF Market in Hong Kong. Things are heating up.

[Trading_Sherlock @TradingSherlock]

#China Equity Funds Apply for #spot #BitcoinETF in Hong Kong

[Trading_Sherlock @TradingSherlock]

#China Asset Management Applies to Launch Spot #Bitcoin #ETF in HK while #US #Fed #ratecut hopes fade: Odds of a June cut fall to 50:50

[Trading_Sherlock @TradingSherlock]

#Inflation Expectations are Mixed; Consumers Express Concerns about Retaining and #FindingJobs meanwhile #Commodities Rally Reflects a Better #Economy, but Also Poses #InflationRisks

[Trading_Sherlock @TradingSherlock]

Direct payment of #stimulus checks. #Americans to receive extra $500 in their bank accounts as new initiative to better target help and #welfare support for people is causing massive #inflation risks

[Trading_Sherlock @TradingSherlock]

Warning for people with #savingsaccounts - The truth behind why your #money are worthless.

How Low Will They Go? Wall Street's Big Rethink on #Interest #RateCuts

[Trading_Sherlock @TradingSherlock]

What will changes in #National #MinimumWage mean for me? ... Well, A third of contractors may 'have to #cutstaff' as living wage increase bites.

The video #gameindustry has seen more than 8,000 #layoffs so far in 2024, while #semiconductor company #Intel just recently announced cuts as well

[Trading_Sherlock @TradingSherlock]

GET YOUR #MARBELS ON THE TABLE! - I know you all come for the marbles and stay for the #Bitcoin #Analysis

[Trading_Sherlock @TradingSherlock]

Fractional reserve lending equates to more than 90% of our #inflation today as #Markets want #FederalReserve rate clarity from inflation report (They won't get it).

Higher for Longer After All?

[Trading_Sherlock @TradingSherlock]

#Bitcoin #ETF Frenzy Reaches #China As Top Funds Apply For Approval In Hong Kong

[Trading_Sherlock @TradingSherlock]

#TradingSherlock predicts this will be the top for #bitcoin

The answer will shock you!