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A Deep Dive into the SEC’s Upcoming Decision on Spot ETH ETFs Amidst Market Speculation

Altszn.com by Altszn.com
April 11, 2024
in Ethereum
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A Deep Dive into the SEC’s Upcoming Decision on Spot ETH ETFs Amidst Market Speculation
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While I can’t speak to what any regulator will approve, I think it’s important to look at other regions and how regulatory approvals of ETFs transpired. For example, the first spot bitcoin ETF was approved in Canada in early 2021. A few months later, ether ETFs gained approval and began trading. Now, there are over 11 ETFs, including a mixed cryptocurrency ETF and an ether-staking ETF. If the same pattern follows, an ether ETF approval can be near.



Read More: www.coindesk.com

Tags: DecisiondeepDiveETFsETHEthereumMarketSECsspeculationSpotUpcoming
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