The U.S. Securities and Exchange Commission (SEC) has approved 8 multiple spot Ethereum ETFs through an omnibus order.
This approval follows the recent approval of spot Bitcoin ETFs, which is a positive development for investment products in the digital assets space in the U.S.
Spot Ethereum ETFs Approval Process
The SEC’s approval of 19b-4 forms for some of the most significant ETFs, such as BlackRock, Fidelity, and Grayscale, is a significant achievement in the crypto market. However, even though the 19b-4 forms of these issuers have been approved, trading in these ETFs cannot begin until the S-1 registration statements go effective.
The SEC has only recently begun to engage in conversations with issuers about their S-1 forms, and the time frame for this process is still uncertain. Bloomberg ETF analyst James Seyffart noted that it could be done within a few weeks, but in some cases, it has taken more than three months.
This approval was quite unexpected especially when the SE
We współpracy z: https://coingape.com/us-sec-approves-8-spot-ethereum-etf/
