Hi HODLers, Hiveans and Lions,
The US SEC announced that it has approved 8 applications for spot Ethereum ETFs! Green-lighting Ethereum trading on Wall Street!
It could take a couple of weeks before Ethereum ETFs begin trading.
List of the 9 ETFs approved:
- Grayscale Ethereum Trust,
- the Bitwise Ethereum ETF,
- iShares Ethereum Trust,
- VanEck Ethereum Trust,
- ARK/21 Shares Ethereum ETF,
- Invesco Galaxy Ethereum ETF,
- Fidelity Ethereum Fund, and
- Franklin Ethereum ETF.
This is ETH’s IPO. That is a massive stamp of approval.”
Cody Carbone, chief policy officer at the crypto lobbying group Digital Chamber of Commerce told Decrypt.