The bank reiterated its view that approval of these products is unlikely next month, a position first expressed in January. The SEC must make final decisions on some of the ETF applications by May 23. The SEC approved spot bitcoin (BTC) ETFs in January, stirring speculation in some quarters that versions for ether, the token of the Ethereum blockchain, may follow suit.
Related posts
-
VanEck Sees Ether Hitting $22K by 2030
Ethereum is disrupting the finance, banking, payments, marketing, advertising, social, gaming, infrastructure and artificial intelligence sectors,... -
Ahead of Ether ETFs Debut, Bitmex Introduces 200x Leverage for Ethereum
On June 5, 2024, the crypto derivatives exchange Bitmex... -
Bitcoin (BTC) Miners With Attractive Power Contracts Are Potential M&A Targets, JPMorgan (JPM) Says
Mergers and acquisitions are heating up in the mining sector, after the halving. On Tuesday, shares...