SEC Approves Ether ETFs, Pushing Crypto Mainstream

Shiva Ganesh

The U.S. Securities and Exchange Commission (SEC) has approved the first spot Ether ETFs, allowing them to begin trading

These ETFs are expected to start trading as early as Tuesday, July 23, 2024

This approval is anticipated to make Ether more accessible to conventional investors, potentially driving up its price

The approval follows the successful launch of Bitcoin ETFs earlier this year, which saw significant investor interest

The SEC's decision comes after extensive discussions and a reversal of its earlier stance on Ether ETFs

Read More Stories