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.

JH Kim

JH Kim

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