Spot $ETH Ethereum TF Trading is expected to begin on Tuesday, July 23
After a tumultuous battle, the U.S. Securities and Exchange Commission (SEC) gave “preliminary approval” to several asset managers planning to launch the spot for Ethereum exchange-traded funds (ETFs) this week.
Industry sources told Reuters that the SEC has reportedly instructed asset managers to submit final-offering documents to the regulator before the end of the week.
The applicants included BlackRock, Franklin Templeton, and VanEck, though one said all eight are expected to launch simultaneously.
