15 FiCAS Active Crypto ETP

All eyes turn to the May 7 FOMC meeting, where markets await clearer signals on U.S. monetary policy. While no rate change is expected, forward guidance may prove pivotal for risk sentiment across asset classes. For Ethereum, attention centers around the PECTRA upgrade, with key scalability and privacy improvements under discussion. Vitalik Buterin’s proposals, including a potential migration from EVM to RISC-V architecture, suggest Ethereum is entering a decisive phase in its roadmap toward greater efficiency and throughput.

On the regulatory front, the SEC’s proposed Stablecoin Act signals a shift toward clearer rules for issuance and use, potentially unlocking broader institutional adoption. This coincides with increased momentum from major players: Fidelity is preparing to launch a stablecoin, Trump’s World Liberty Financial initiative is expected to support digital dollar alternatives, and Circle’s planned IPO further validates stablecoins as an emerging asset class within traditional markets.
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For Ethereum, growing anticipation surrounds a potential ETH staking ETF, which could serve as a significant price catalyst. BlackRock’s Head of Digital Assets recently pointed to such a product as a logical next step for ETH exposure, especially if staking rewards can be passed through to investors. Together, these developments suggest a more supportive framework for digital assets going into Q2, with the potential for renewed upside momentum.