US SEC Approves Ethereum (ETH) Spot ETF Option

Source
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.

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JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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