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US Spot Ethereum ETFs Due to Start Trading

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Owais Paracha
(@ishmaria)
Noble Member Admin Pro
Joined: 3 months ago
Posts: 690
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The US Securities and Exchange Commission approved the launch of bitcoin EFTs in January this year when 10 new ETFs began trading and digital asset manager Grayscale Investments also converted its the Grayscale Bitcoin Trust into an ETF. In May this year the SEC also approved spot ethereum ETFs with market participants expecting trading to begin on 23 July 2024. Ether’s $420bn market cap was second only to bitcoin’s $1.3 trillion market cap as of 19 July 2024, according to data provider Morningstar.

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Jonah
(@jonah)
Estimable Member Pro Moderator English, Cryptoverse Alumnai
Joined: 2 months ago
Posts: 55
 

⚡️ JUST IN: The New York Stock Exchange (NYSE) has cleared the listing of Bitwise’s spot Ethereum ETF.


   
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