Ethereum

<ul><li>SEC has given preliminary approval to three asset managers for spot Ether ETFs, pending final documents.</li><li>Trading for spot Ether ETFs is expected to start on July 23 if final offering documents are submitted by July 16.</li><li>Ethereum price rose 2.50% in 24 hours, reaching $3,419.73, ahead of anticipated ETF launch next week.</li></ul>The United States Securities and Exchange Commission (SEC) has reportedly given “preliminary approval” to three asset managers for their spot Ether exchange-traded funds (ETFs). This has sparked speculation that the ETFs will begin trading as early as next Tuesday, July 23.According to Nate Graci, President at ETFStore, SEC <a href="https://x.com/NateGeraci/status/1812961815833305104" rel="noopener noreferrer nofollow">approval</a> is now contingent on applicants submitting final offering documents before the week&#39;s end. Notably, BlackRock, Franklin Templeton, and VanEck are among the applicants.<img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXe1go2zMp2mbFsnyPJHS5IY7OyJBHJtqXLZzaWk6xH37vKCPt1_skI2O32pkHnGXMZNX-aUWXNQLgdUmaRr7EvREdQvTIXfaPuRsUkZzgkQq1MqW4pezFoqzWpoHR1eWvzEtnIT3zreHnnKUa5r2fatSDgB?key&#61;23PmIiwJaVWKuhj9JTLU-g" /><a href="https://cryptotale.org/ethereum-etfs-get-preliminary-sec-nod-trading-set-to-begin-tuesday/" 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 Get Preliminary SEC Nod Trading Set to Begin Tuesday

CryptoTale

Інші статті, опубліковані 17 лип. 2024 р.

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