In Brief The SEC has approved the first-ever Ethereum ETF, marking a major milestone for Ethereum and the crypto industry. This approval indicates growing institutional acceptance and allows investors to gain direct exposure to Ethereum. Following the news, Ethereum’s price had muted response. It is currently trading around $3,475. Ethereum has followed in Bitcoin’s footsteps,…
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In Brief The SEC has approved the first-ever Ethereum ETF, marking a major milestone for Ethereum and the crypto industry. This approval indicates growing institutional acceptance and allows investors to gain direct exposure to Ethereum. Following the news, Ethereum’s price had muted response. It is currently trading around $3,475. Ethereum has followed in Bitcoin’s footsteps,…
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In Brief Bitwise updates S-1 filing with the SEC, including a six-month fee waiver plan. Market analysts predict a possible July 15 launch for the spot Ethereum ETF. The SEC review and approval are key to the ETF’s expected market entry. Asset manager Bitwise recently updated its S-1 filing for its spot Ethereum exchange-traded fund…
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In a word The SEC has delayed its choice on the Constancy spot Ethereum ETF from January 20 to Walk 5, 2024. The ETF, proposed by Cboe BZX Trade, would coordinate Ethereum interests into standard business sectors. This expansion mirrors the SEC’s cautious assessment of crypto, zeroing in on financial backer assurance and market trustworthiness.…
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