U.S. Securities and Exchange Commission (SEC) approves spot Ethereum ETFs
The crypto complex is certainly reacting positively.
BTC up.
ETH up.
Added - further sources also confirming, DJ, Reuters
More:
- SEC approved applications from Nasdaq, CBOE and NYSE to list exchange-traded funds (ETFs) tied to the price of ether
- The next step is for ETF issuers to get approval before the products can launch
- Nine issuers hope to launch ETFs tied to ETH