Ethereum ETFs Clear Final Hurdle to Begin Trading Tomorrow - Decrypt
decrypt.co
The SEC has given final approvals to spot Ethereum ETFs, clearing the way for them to begin trading as soon as Tuesday. Several firms intend to launch spot Ethereum ETFs in the United States, with the list including heavyweights like BlackRock, Fidelity, Franklin Templeton, and Grayscale. Bitcoin ET
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- The SEC has given final approvals to spot Ethereum ETFs, clearing the way for them to begin trading as soon as Tuesday.
- Several firms intend to launch spot Ethereum ETFs in the United States, with the list including heavyweights like BlackRock, Fidelity, Franklin Templeton, and Grayscale.
- Bitcoin ETFs have thus far brought in more than $17 billion worth of total inflows since launch.
- Ethereum's price has actually dipped slightly since the final SEC approvals emerged Monday afternoon, with the price of ETH down about 0.6% over the past hour to $3,470 as of this writing. Indeed, while there has been broad anticipation over the start of Ethereum ETF trading, there has been pessimism too—with Wintermute projecting "lower-than-antic...
- tweeted Bloomberg Senior ETF Analyst Eric Balchunas on Monday afternoon.
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