đšđšThe Securities and Exchange Commission (SEC) has approved the ETF
......
đ„ of rule changes that will allow exchanges to begin listing spot ethereum ETFs from several major firms, including BlackRock, Ark Invest, and Fidelity. The decision, announced late Thursday, marks a significant development in the cryptocurrency investment landscape
đ„Pending Final Approvals
đ„While the approval is a critical step forward, it does not mean that these ETFs can be launched immediatel
.đ„Â Each issuer must still obtain individual registration statement approvals from the SEC, a process that could take several weeks.
đ„The initial applications for these spot ethereum ETFs were filed in September by firms like VanEck and Ark. In total, nine firms have applied to launch ten different products.
đ„ The approved rule change now paves the way for eight of these products, which also include proposed ETFs from Bitwise, Franklin Templeton, Grayscale, VanEck, and Invesco.
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