🚨🚨The Securities and Exchange Commission (SEC) has approved the ETF

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🔥 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

🔥Pending Final Approvals

🔥While the approval is a critical step forward, it does not mean that these ETFs can be launched immediatel

.🔥 Each issuer must still obtain individual registration statement approvals from the SEC, a process that could take several weeks.

🔥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.

🔥 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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