Ethereum

<ul><li>SEC nearing decision on Ether ETFs; trading could start by July 4.</li><li>Top firms like BlackRock and VanEck are pushing for Ether ETF approval.</li><li>Bitcoin ETFs pulled in $38B; Ether ETFs expected to be significant.</li></ul>The U.S. Securities and Exchange Commission (SEC) is nearing a pivotal decision that could see Ether ETFs <a href="https://www.reuters.com/technology/us-regulators-could-approve-spot-ether-etfs-launch-by-july-4-sources-say-2024-06-26/" rel="noopener noreferrer nofollow">trading</a> as soon as July 4. According to sources within the SEC, negotiations with top asset managers are in their final stages.The Path to ApprovalA lawyer involved with the ETF applications, who preferred to remain anonymous, stated, &#34;We are down to the finishing touches.&#34; He added, &#34;Approval is probably not more than a week or two away.&#34;The SEC has remained tight-lipped officially but SEC Chair Gary Gensler <a href="https://www.youtube.com/watch?v&#61;0KGpPmDJKfM" rel="noopener noreferrer nofollow">recently</a> shared insights that indicate a positive outlook. Gensler stated, &#34;The process for launching the Ether ETFs is going smoothly. It’s really about the asset managers making the full disclosure so that those registration statements can go effective.&#34;<a href="https://cryptotale.org/ethereum-etfs-on-the-verge-of-sec-approval-a-new-chapter-begins-july-4/" rel="noopener noreferrer nofollow">Read more on CryptoTale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Ethereum ETFs on the Verge of SEC Approval: A New Chapter Begins July 4

CryptoTale

Alte articole publicate pe 28 iun. 2024

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