SEC Grants Preliminary Approval to Ether ETFs: 3 Firms Eye Tuesday Debut
cryptonews.net
(SEC) has reportedly given "preliminary approval" to at least three asset managers for their spot Ether exchange-traded funds (ETFs) the SEC approval is now only contingent on the applicants submitting final offering documents to the regulator before the end of this week. Fidelity, ARK 21Shares, Gra
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- (SEC) has reportedly given "preliminary approval" to at least three asset managers for their spot Ether exchange-traded funds (ETFs)
- the SEC approval is now only contingent on the applicants submitting final offering documents to the regulator before the end of this week.
- Fidelity, ARK 21Shares, Grayscale, Bitwise, and Invesco Galaxy are also in the running to launch their Ether products next week.
- One source told Reuters that all eight spot Ether ETFs are expected to launch simultaneously,
- SEC has reportedly delivered final instructions to asset managers preparing to launch Ether ETFs. According to Bloomberg ETF analyst
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