Breaking: SEC gives final approval for Ethereum ETFs to begin trading tomorrow
Source Fxstreet
- The SEC approved issuers spot ETH ETFs to begin trading tomorrow as per the latest filings on its website.
- Grayscale Ethereum Trust has sent about $1.1 billion worth of ETH to Coinbase Institutional.
The Securities and Exchange Commission approved the S-1 registration statements of spot Ethereum ETF issuers on Monday, according to the latest filings on its website. Following the approval, issuers have started making moves as the products are set to begin trading on exchanges tomorrow.
(This story is breaking news and will be updated subsequently)
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Gold (XAU/USD) retreats slightly after touching a fresh record high, around the $3,689-3,690 region during the Asian session on Tuesday, amid some repositioning trade ahead of key central bank events.
Bitcoin (BTC) could be poised for a price surge following its positive correlation with the S&P 500, as market participants anticipate a 25-basis-point rate cut from the Federal Reserve on Wednesday.
The AUD/JPY cross extends the decline to near 97.80 during the Asian trading hours on Wednesday.
Gold (XAU/USD) attracts some sellers during the Asian session on Wednesday and moves away from the all-time peak, levels just above the $3,700 mark touched the previous day.
The US Federal Reserve is expected to cut the policy rate for the first time in 2025.
