Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13105
Markets: 101189
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino
Market Cap
24h Vol
13105
Cryptocurrencies
60.37%
Bitcoin Share
crypto.news 2025-03-21 18:21:58

CNBC’s Macheel: SEC roundtable could ‘change the outlook’ for Ethereum ETFs

CNBC’s Macheel: SEC roundtable could ‘change the outlook’ for Ethereum ETFs

The U.S. Securities and Exchange Commission is holding its first crypto regulation roundtable, focusing on defining the security status of crypto assets. The event marks the beginning of a series of discussions by the SEC’s newly formed crypto task force, which could have significant implications for the broader cryptocurrency market. Defining crypto assets as securities According to CNBC’s Tanaya Macheel, the SEC’s efforts aim to provide clearer guidelines on whether certain crypto assets should be classified as securities, an issue that has created tension between the SEC and the crypto industry. “The former administration’s SEC targeted many companies for their involvement with crypto, alleging most coins were unregistered securities but failing to give clear guidelines to follow to avoid being targeted,” Macheel said. Today’s roundtable could also have implications for Ethereum ( ETH ) exchange-traded funds. While the SEC recently stated that meme coins are not considered securities, the agency has yet to clarify its stance on staking services linked to crypto ETFs, a factor that could affect future growth in the market. “The appetite for ETH ETFs has been tepid compared to Bitcoin ETFs, and one of the big reasons is the inability to earn a staking yield on those funds,” Macheel said. “If the SEC can iron out some of the uncertainties about those services being potential unregistered securities, it could change the outlook for ETH ETFs.” Read more: SEC issues guidance on proof-of-work mining and securities regulations Bitcoin holds steady while Ethereum lags Despite the regulatory uncertainty, Bitcoin ( BTC ) has remained stable in recent weeks. Macheel noted that Bitcoin is trading around its 200-day moving average near $84,000, which traders see as a key technical support level. “If it can hold the 200-day, that’s great,” she said. “Longer term, Ethereum to me is more peculiar. It’s just been left for dead. There are some big short positions with hedge funds, but Bitcoin has clearly outperformed.” Market outlook remains mixed Ethereum’s underperformance relative to Bitcoin has been a notable trend. While Bitcoin has held steady, Ethereum has struggled to gain momentum despite increasing institutional interest in ETH-based financial products. Macheel also pointed out that the broader crypto market has seen relatively subdued activity compared to other asset classes like gold . “Gold broke $3,000 this year while Bitcoin’s been sitting in the low $80,000 range,” she said. “Sometimes the most boring assets are the biggest winners.” Investors are watching closely to see if the SEC’s roundtable will provide clarity on staking and the broader regulatory framework for crypto assets. A more defined regulatory environment could pave the way for increased adoption and new financial products tied to crypto assets. You might also like: ‘The SEC was the market manipulator’: SEC drops case against XRP, CEO claims

Most Read News

Market Cap
24h Vol
60.37%
Bitcoin Share
0
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.