🚀SEC approves Ethereum Spot ETFs for trading today

📌2 exchanges will list and trade

👉CBOE: Fidelity, VanEck, Invesco Galaxy, 21Shares, Franklin

👉NYSE ARCA: Grayscale, Bitwise

⏰Time: 2:00 p.m (UTC)

Grayscale owns more than $10 billion worth of ETH in the Grayscale Ethereum Trust.

Many people are concerned that when this fund is approved as an Ethereum ETFs spot fund, it may create selling pressure similar to Grayscale's previous Bitcoin ETF spot fund.

However, analysts predict this event will have a positive impact on Ethereum in the long term as traditional money flows into crypto.

#GemxCrypto #CryptoNews🚀🔥 #ETF