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CryptoIntelligence 2024-07-14 09:35:43

Spot Ether ETFs Set to Launch Next Week Pending SEC Approval

Spot Ether exchange-traded funds (ETFs) are poised for imminent regulatory approval, with industry insiders suggesting listings could commence as early as next week. According to a knowledgeable source, who preferred anonymity due to the confidentiality of discussions, issuers anticipate receiving final feedback from the United States Securities and Exchange Commission (SEC) by early next week, possibly as soon as July 12. Among the entities awaiting SEC approval are prominent names such as VanEck and 21Shares, which recently amended their registrations in anticipation of regulatory green lights. In total, eight issuers are awaiting clearance to launch spot Ether ETFs. Analysts foresee

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