The US Securities and Exchange Commission looks set to allow the first ETFs based on Ether futures, with approvals reportedly coming as soon as October.
It remains unclear which ETF applications would be approved by the SEC; however, officials indicated that several of the filings may be approved by as soon as October.
ETF analyst Eric Balchunas said he wasn't surprised by the SEC's move to approve Ether futures ETFs, adding that the decision shows how the regulator's views on different products, such as aThis not surprising to us, we had said they would approve Ether Futures early on in race. Nice to be validated. Now what does it mean for spot? Hard to say beyond it shows that their views/policy/tolerance can change.
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