⚠️⚠️⚠️【Market Watch: Ethereum ETF Approval is Coming to an End, New Opportunities Are Coming

The focus of the market is that several companies are close to obtaining approval for Ethereum spot ETFs. Katherine Dowling, compliance officer at Bitwise, revealed that as the communication between the SEC and ETF issuers continues to deepen, the approval process for Ethereum ETFs is nearing completion. Currently, the S-1 registration statements of eight companies are awaiting final approval from the SEC. Matt Hougan, investment officer at Bitwise, estimates that these ETFs may attract up to $15 billion in funds in the first 18 months after listing, showing strong market demand for such products.

Dowling further stated that the SEC has also shown interest in exploring non-Bitcoin and Ethereum cryptocurrency products. She mentioned that the dialogue with the SEC on the launch of new products was constructive, and although the approval of some products may have to wait until the new SEC chairman takes office before it can be advanced, it is generally a positive sign. In addition, CBOE has submitted a listing application for Solana (SOL) spot ETF on behalf of VanEck and 21Shares, showing the industry trend of growing interest in diversified cryptocurrency ETFs. $ETH $SOL #美国大选如何影响加密产业？ #美联储何时降息？ #德国政府转移比特币 #solana生态