Ethereum

Instinct

<ul class="news-points">
 <li>SEC adds ProShares’ Ethereum ETF filing, highlighting ETF traction in crypto regulation.</li>
 <li>ProShares aims to replicate success with Ethereum ETF after SEC’s spot ETH futures approval.</li>
 <li>Uncertainties surround ProShares’ Ethereum ETF as SEC evaluates risks and merits.</li>
</ul>
ProShares has filed an application for an Ethereum Exchange-Traded Fund (ETF), the latest move in a flurry of activity that signals growing mainstream acceptance of cryptocurrencies.
The Securities and Exchange Commission has acknowledged the filing and will begin a review process, potentially paving the way for yet another investment vehicle tied to Ethereum (ETH). This follows the SEC’s <a href="https://coinedition.com/sec-gives-ethereum-etf-applicants-a-friday-ultimatum-revise-or-risk-rejection/" rel="noopener noreferrer nofollow">recent approval</a> of eight other Ethereum-related ETFs.
While the SEC’s initial approval of 19b-4 filings from eight asset management firms for spot Ether ETFs on U.S. exchanges marked a milestone, ProShares aims to distinguish itself with a unique Ethereum-focused offering.
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 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 SEC just added the ProShares' Ethereum ETF Filing to its website. (That is extremely quick) Instinct initially says this wont launch on day 1 with the other ETFs whenever that is but who knows. This is interesting. <a href="https://t.co/VU0bYo3Gjr" target="_blank" rel="noopener noreferrer nofollow">https://t.co/VU0bYo3Gjr</a> <a href="https://t.co/npZYnljBmY" target="_blank" rel="noopener noreferrer nofollow">p…</a>
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The post <a href="https://coinedition.com/ethereum-etfs-proshares-latest-to-seek-sec-approval/" rel="noopener noreferrer nofollow">Ethereum ETFs: ProShares Latest to Seek SEC Approval</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Ethereum ETFs: ProShares Latest to Seek SEC Approval

Coin Edition

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