Franklin

Coin

<ul class="news-points">
 <li>SEC likely to approve spot ether ETFs by July 4.</li>
 <li>ETFs expected to launch quickly after final document approval.</li>
 <li>Ether ETFs may see less investor excitement compared to bitcoin.</li>
</ul>
The U.S. Securities and Exchange Commission is on the <a href="https://www.reuters.com/technology/us-regulators-could-approve-spot-ether-etfs-launch-by-july-4-sources-say-2024-06-26/" target="_blank" rel="noopener noreferrer nofollow">brink of approving</a> multiple Exchange-Traded Funds (ETFs) tracking the spot price of ether (ETH), potentially as early as July 4th. This landmark decision follows extensive discussions between regulators and major asset managers, including BlackRock, VanEck, and Grayscale Investments.
Industry insiders reveal that eight asset managers, including BlackRock, VanEck, Franklin Templeton, and Grayscale Investments, lead this effort. These firms previously launched bitcoin spot ETFs in January, marking a major milestone after years of regulatory hurdles.
Sources familiar with the matter say that final amendments to the offering documents, primarily addressing minor issues, are nearing completion. This finalization is key to the ETFs’ official launch.
Despite the successful launch of bitcoin ETFs, which saw substantial investment, analysts anticipate a more muted response to the ether ETFs. Factors like a smaller market and recent eth…
The post <a href="https://coinedition.com/ether-etfs-could-launch-as-early-as-july-4th-pending-sec-approval/" rel="noopener noreferrer nofollow">Ether ETFs Could Launch as Early as July 4th, Pending SEC Approval</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Ether ETFs Could Launch as Early as July 4th, Pending SEC Approval

Coin Edition

Other articles published on Jul 3, 2024

Crypto News: Tron (TRX) Cosmic Kittens (CKIT) and Maker (MKR)

Kaspa And Mpeppe (MPEPE) Go Head To Head To See Who Will Make More Millionaires

Robinhood Plans to Expand Crypto Futures Offering

Bitcoin Faces Potential Retest Of $40,000, Influential Crypto VC Warns

Qubetics Whitelist Soars, Polkadot and Tron Struggle to Compete as Investors Flee

Is PEPE’s breakout on the horizon? Likely, but there’s a tough road for bulls

Join our free newsletter for daily crypto updates!