Eight potential issuers, including BlackRock, have submitted filings with the SEC to bring a spot ether exchange-traded fund (ETF) to the market. The final decision by the regulator is due in May, with industry experts predicting that applications won’t get approved, regardless of what the SEC finds the nature of ether to be.
Related posts
-
SEC Now Demands $102.6 Million Penalty From Ripple in XRP Case
The U.S. Securities and Exchange Commission (SEC) is now... -
ASX set to launch Australia’s first spot Bitcoin ETF
The Australian Securities Exchange (ASX) will debut its first exchange-traded fund directly investing in Bitcoin (BTC)... -
Spot Ethereum ETFs Expected To Begin Trading On July 2, Can This Propel ETH To $10,000?
Discussions around when the Spot Ethereum ETFs will likely begin trading have continued to heat up....