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The crypto industry has long resisted having its tokens classified as securities. However, the success of bitcoin’s spot ETFs, could prompt issuers to break ranks depending on the SEC’s next move.<br/><br/>Bitcoin is trading above $60,000, up more than 167% in the last 12 months and more than $7 billion has poured into the new bitcoin ETFs. The market is buzzing with anticipation for an ETF backed by bitcoin’s little brother ether, the native token associated with the Ethereum blockchain and used to create such things as NFTs. Ether has a market cap of more than $400 billion, second only to Bitcoin, whose market cap exceeds $1.2 trillion. In May, the SEC will likely pass final judgment on nine spot ether ETF applications. But unlike bitcoin’s decision day in early January, which seemed to be a fait accompli, ether’s outlook is far less certain.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/stevenehrlich/2024/03/01/why-bitcoins-surge-could-be-a-boon-or-trap-for-new-ether-etfs/?sh=1e9ab58d72f8<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
⏲ 5:1 👁 74.1M
Free Movies By Cineverse
⏲ 1 hour 35 minutes 46 seconds 👁 107.7K
Benson Boone
⏲ 3 minutes 13 seconds 👁 22M
Steve Ehrlich, the director of Forbes Digital Assets, join \
⏲ 12:36 👁 3.2M
Boon ASMR
⏲ 32 minutes 42 seconds 👁 4.6K
ONE Media Coverage
⏲ 2 minutes 10 seconds 👁 31.9K
While Australians grapple with a cost-of-living crisis, many young Japanese citizens are finding that moving down under is a financial boon. plagued with low wages and economic hardships, Japan is now officially in recession. So Japanese workers are flocking to Australia in record numbers.
⏲ 2:9 👁 725K
Cineverse
⏲ 1 minute 50 seconds 👁 54.4K
KANA-BOON Official YouTube Channel
⏲ 4 minutes 26 seconds 👁 142.9M
Singapore is leveraging concert tourism as a significant economic growth driver, with high-profile performances by global music icons like Coldplay, Ed Sheeran, and Taylor Swift contributing substantially to the country's tourism sector. These music events are proving to be a boon for the city-state's travel-related services, potentially impacting up to 10% of its GDP. Taylor Swift's upcoming concerts in Singapore are expected to sustain the city's concert tourism surge, causing a 10% rise in hotel bookings and heightened flight demand.
⏲ 0:42 👁 765K
Not JRM
⏲ 11 minutes 23 seconds 👁 167.8K
Rexlent
⏲ 14 minutes 19 seconds 👁 849
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