The SEC approved the first eight applications for Ether ETFs. The ETFs won’t start trading until the prospective funds' S-1 filings are approved. They probably won’t attract as much attention as the Bitcoin ETFs. The SEC has finally cleared the way for the first Ether spot price ETFs.
How do ether ETFs get approved?
The journey to get Ether ETFs approved is a fascinating mix of regulatory decisions and market forces. While the exact launch date is still up in the air, the proactive role of issuers and the legal precedents set by the Grayscale case are big factors.
Will the SEC approve a spot bitcoin ETF?
The US Securities and Exchange Commission might not vote on whether or not to approve a spot bitcoin ETF — at least not publicly. But that doesn’t mean the product won’t potentially start trading this week. The SEC’s next meeting, when agency commissioners could vote on matters, is scheduled for Jan. 11.
