🚀 Crypto Breaking News: The US SEC has issued final guidance for asset managers preparing to launch Ether ETFs. Institutions such as BlackRock, Grayscale, Fidelity, ARK 21Shares, Invesco Galaxy, VanEck, Hashdex and Franklin Templeton are vying for approval.
📅 Deadline for submitting S-1 application is July 16, expected to launch the fund on July 23. Invesco and Galaxy's management fees are 0.25%, slightly higher than VanEck and Franklin Templeton (0.20% and 0.19%).
💰 It is predicted that Ether ETFs will attract between $5 billion and $10 billion in new cash flow in the coming months. ETH price is currently up 6.1%, trading at $3,394.
👉 What do you think about the future of Ether ETFs? Comment now!#Crypto#Ethereum#ETF#Blockchain