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Spot Ethereum ETFs Approved: SEC Gives Green Light to 8 Funds

In Brief SEC approves 8 spot Ethereum ETFs, including BlackRock and Fidelity. However, the issuers need further approval for S-1 registration. Experts argue political pressure likely influenced the SEC’s decision. In a landmark decision, the US SEC has approved eight spot Ethereum (ETH) exchange-traded funds ETFs, including those from BlackRock and Fidelity. This approval follows…
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US House Gives Green Light to Crypto Bill FIT21, Now Moves to Senate

In Brief The US House passes FIT21 bill, setting crypto regulatory framework. The vote saw bipartisan support, with 279 for and 136 against. Next, the bill moves to the Senate, facing an uncertain future. On Wednesday, the crypto industry achieved a historic milestone as the US House of Representatives passed the Financial Innovation and Technology…
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