SEC preliminarily approves at least three Ethereum ETFs for potential launch by July 23.
The SEC has given preliminary approval for at least three Ethereum ETFs to potentially begin trading by July 23, pending final offering documents from applicants by the end of the week. If approved, all eight asset managers' products are expected to launch simultaneously, aiding the cryptocurrency industry in pushing digital assets further into the mainstream. Among the likely approved companies are BlackRock, VanEck, and Franklin Templeton.
July 15, 2024
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