Investing
Ether Futures ETFs could all get approval at same time: Report
The United States Securities and Exchange Commission (SEC) is likely to approve multiple applications for Ether futures exchange-traded funds (ETFs) at the same time, The Wall Street Journal reported, citing sources familiar with the matter.
Since July, the regulator has been flooded with applications from several investment firms, including requests combining futures (BTC) and Ether (ETH) strategies. So far, the SEC has not instructed the firms to withdraw their applications, unlike in 2021, when firms were instructed to withdraw similar applications. This suggests that the regulator won’t block the fund’s launch within a few weeks, according to WSJ sources.
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