BITPRISMIA
The crypto industry seems excited and expectant following the US Securities and Exchange Commission (SEC)’s final approval of spot Ethereum Exchange-Traded Funds (ETFs). As investors await the official launch of the investment product, many have discussed the implications of today’s debut. Related R...
The SEC provided some feedback on the S-1 forms submitted by the spot Ethereum ETF issuers and has requested they be resubmitted by July 8.
Spot Ethereum ETF approval could take place on July 4, with major firms like BlackRock and Grayscale involved.
The SEC has approved the issuance of Spot Ethereum ETFs, expanding access to the world's second-largest cryptocurrency. Several issuers await clearance of their individual filings.
According to DLNews, The SEC might reject Ethereum spot ETFs until 2025 due to regulatory concerns, says Bloomberg analyst. The US election outcome could impact this, with a Trump win potentially favoring crypto.