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Statement on SEC Approval of Spot Ether ETF Filings
We are so thrilled to report that the U.S. Securities and Exchange Commission (SEC) has approved, pursuant to Section 19(b) of the Securities Exchange Act of 1934, our exchange partner Chicago Board Options Exchange (CBOE)’s proposed rule change to list and trade a spot ether ETF on the CBOE. We expect this trend will pave the way for more victories via new laws and in the courts, helping to draw investment to Bitcoin, Ethereum, and other open-source blockchain software. We applaud this decision, as we believe the evidence clearly shows that ETH is a decentralized commodity, not a security. ETH’s status as a ... (full story)