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SEC Seen Approving Spot-Ether ETFs in Latest Crypto Milestone
Regulators approved the first US exchange-traded funds investing directly in Ether, the world’s second-largest cryptocurrency, according to filings and statements from asset managers. 21Shares AG, Bitwise Asset Management Inc., BlackRock Inc., Invesco Ltd., Franklin Templeton, Fidelity Investments and VanEck were among the issuers to receive US Securities and Exchange Commission assent, the documents indicated Monday. The SEC didn’t immediately return requests for comment. The latest development paves the way for the imminent trading of the ETFs and highlights a softening in the US regulatory climate for the ... (full story)
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- Posted: Jul 23, 2024 4:35am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 190
