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ETF approval is seen as a major relief for the price trends. It ignited a massive uptrend, forcing the altcoins to touch new highs. The current debate surrounding ETFs involves Dogecoin and Ethereum as the impending Ethereum ETF and DOGE ETF could trigger a massive rally for these altcoins. However, IntelMarkets (INTL) steals the limelight with its stellar market performance. The AI-driven platform is grabbing investors with its unique features and high demand. INTL has become the most demanded ICO of this bull run with a presale raise of $11 million.
The Securities and Exchange Commission has acknowledged and published a filing from NYSE Arca on Tuesday, with the document carrying details of a proposal that seeks to allow Grayscale's Ethereum ETF to earn staking rewards.
The rule change, submitted on February 14 and published by the SEC on February 25, would allow the Grayscale Ethereum Trust ETF and Grayscale Ethereum Mini Trust ETF to participate in Ethereum's proof-of-stake validation system while maintaining existing custody protections.
"The Sponsor may, from time to time, stake a portion of the Trust's Ethereum ETF on behalf of the Trust through one or more trusted staking providers," the filing reads, noting how these providers could include the current custodian or its affiliates but would not include any Grayscale affiliates.
For Ethereum products, staking involves a process where users lock up their Ethereum (ETH) to become co-validators, thereby helping to secure the network and earn some ETH as a reward.
With Grayscale's most recent proposal, the Ethereum ETFs would stake the Ethereum tokens through trusted providers and earn rewards in the form of added ETH. These additional funds would be considered as income for the fund.
The path to a DOGE ETF faces mounting scrutiny as regulatory bodies weigh the implications of expanding crypto-based financial products. Recent SEC filings from Grayscale and Bitwise have entered a 240-day review window, with analysts noting lingering skepticism around meme coins’ long-term viability. While Bloomberg’s Eric Balchunas estimates a 75% approval likelihood by mid-2025, political debates about market stability and investor protections threaten to delay the process.
Market observers highlight contrasting regulatory approaches under current leadership compared to previous administrations. Unlike Bitcoin and Ethereum ETFs, which gained traction through bipartisan support, Dogecoin’s association with speculative trading has drawn criticism from lawmakers. A recent congressional hearing questioned whether DOGE ETF assets meet the SEC’s “substantial market integrity” standards, signaling potential roadblocks.
Despite these hurdles, institutional interest in the DOGE ETF remains palpable. Trading volumes for Dogecoin derivatives surged 35% following the SEC’s acknowledgment, reflecting optimism among hedge funds and retail traders. However, compliance requirements around custody solutions and market surveillance could push DOGE ETF final approvals into late 2025, leaving short-term price action vulnerable to sentiment shifts.
IntelMarkets (INTL), the innovative altcoin trading platform, has recently surged by an astonishing 900% following its successful initial coin offering (ICO), which raised over $11 million. This remarkable price appreciation has made IntelMarkets one of the hottest cryptocurrencies to watch, attracting traders' attention.
Positioned as the first fully AI-powered trading platform, IntelMarkets is set to revolutionize cryptocurrency trading. Following the ICO, INTL skyrocketed, currently trading at $0.091, with experts predicting it could reach $1 within this quarter. The enthusiasm surrounding this platform is fueled by its price movement and the unique features it brings to the trading ecosystem.
What makes IntelMarkets stand out from its competitors? It offers advanced AI tools, such as the Multichannel Analysis feature, trained on more than 350,000 data points. This training enables traders to gain more precise market insights and make informed decisions. With such high-quality data, retail traders can analyze trends and pick profitable altcoins more confidently.
Alongside these analysis tools, IntelMarkets helps users create personalized trading strategies. Users can customize automated trading approaches based on risk levels and investment timeframes. The platform's Intelli-M™ bots not only execute trades automatically but also assist users by identifying top cryptocurrencies and determining the best entry points for trades based on their defined parameters and goals.
Presale: https://intelmarkets.io/
Buy Presale: https://buy.intelmarkets.io/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.
