About that ether crash last week: biggest surge in CFTC Ether leveraged shorts on record
Disclaimer
This marketing document has been issued by Bank Syz Ltd. It is not intended for distribution to, publication, provision or use by individuals or legal entities that are citizens of or reside in a state, country or jurisdiction in which applicable laws and regulations prohibit its distribution, publication, provision or use. It is not directed to any person or entity to whom it would be illegal to send such marketing material. This document is intended for informational purposes only and should not be construed as an offer, solicitation or recommendation for the subscription, purchase, sale or safekeeping of any security or financial instrument or for the engagement in any other transaction, as the provision of any investment advice or service, or as a contractual document. Nothing in this document constitutes an investment, legal, tax or accounting advice or a representation that any investment or strategy is suitable or appropriate for an investor's particular and individual circumstances, nor does it constitute a personalized investment advice for any investor. This document reflects the information, opinions and comments of Bank Syz Ltd. as of the date of its publication, which are subject to change without notice. The opinions and comments of the authors in this document reflect their current views and may not coincide with those of other Syz Group entities or third parties, which may have reached different conclusions. The market valuations, terms and calculations contained herein are estimates only. The information provided comes from sources deemed reliable, but Bank Syz Ltd. does not guarantee its completeness, accuracy, reliability and actuality. Past performance gives no indication of nor guarantees current or future results. Bank Syz Ltd. accepts no liability for any loss arising from the use of this document.
Related Articles
The gap between $ETHE and The Newborn Eight is a healthy +$625m (a sizable chunk of which *should* convert to inflow Source: Eric Balchunas
The United States Securities and Exchange Commission (SEC) has given final approvals to spot Ethereum ETFs, clearing the way for the funds to begin trading as soon as Tuesday, July 23. Such funds received initial approval in May in a surprise regulatory shift by the SEC, and have spent recent weeks sending in updated and finalized forms. Now, 424(b) approvals are coming in and spot Ethereum ETFs have been made effective by the SEC, which means they can begin trading. July 23 emerged as the likely target for the trading start early last week, as sources connected to fund providers told Decrypt that they were told to expect approvals ahead of that date, barring unexpected delays. "It’s official: Spot ETH ETFs have been made effective by the SEC," tweeted Bloomberg Senior ETF Analyst Eric Balchunas on Monday afternoon. "The 424(b) forms are rolling in now, the last step = all systems go for tomorrow’s 930am launch. Game on." Source: Decrypt