#ETHETFsApproved #ETH大涨 The US Securities and Exchange Commission (SEC) has approved applications from major stock exchanges to list spot Ether exchange-traded funds ((ETFs), clearing the path for these products to start trading later this year.

The approval marks a significant shift for the SEC, which has historically been cautious about cryptocurrency and had been investigating whether to deem the second-largest cryptocurrency a commodity or a security.

While the exchange applications were approved, individual ETF issuers including VanEck, ARK Investments, and BlackRock still need the SEC to greenlight their registration statements before trading can begin.

In total nine issuers are hoping to launch spot Ether ETFs and the process could take weeks or months, with the SEC potentially requesting further changes