US SEC Approves Ethereum (ETH) Spot ETF Option
JH Kim
Summary
- The SEC has reportedly approved an Ethereum (ETH) spot exchange-traded fund (ETF) option.
- The SEC had previously extended the review period for Grayscale and Fidelity's ETH spot ETF options.
- This approval is expected to provide significant investment opportunities for cryptocurrency investors.
According to Watcher Guru, a cryptocurrency media outlet, the U.S. Securities and Exchange Commission (SEC) has approved an Ethereum (ETH) spot exchange-traded fund (ETF) option on the 9th (local time).
Previously, the SEC had extended the review period for Grayscale and Fidelity's ETH spot ETF options last month.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.