Ethereum ETFs: ProShares Latest to Seek SEC Approval
- SEC adds ProShares’ Ethereum ETF filing, highlighting ETF traction in crypto regulation.
- ProShares aims to replicate success with Ethereum ETF after SEC’s spot ETH futures approval.
- Uncertainties surround ProShares’ Ethereum ETF as SEC evaluates risks and merits.
ProShares has filed an application for an Ethereum Exchange-Traded Fund (ETF), the latest move in a flurry of activity that signals growing mainstream acceptance of cryptocurrencies.
The Securities and Exchange Commission has acknowledged the filing and will begin a review process, potentially paving the way for yet another investment vehicle tied to Ethereum (ETH). This follows the SEC’s recent approval of eight other Ethereum-related ETFs.
While the SEC’s initial approval of 19b-4 filings from eight asset management firms for spot Ether ETFs on U.S. exchanges marked a milestone, ProShares aims to distinguish itself with a unique Ethereum-focused offering.
The post Ethereum ETFs: ProShares Latest to Seek SEC Approval appeared first on Coin Edition.
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Ethereum ETFs: ProShares Latest to Seek SEC Approval
- SEC adds ProShares’ Ethereum ETF filing, highlighting ETF traction in crypto regulation.
- ProShares aims to replicate success with Ethereum ETF after SEC’s spot ETH futures approval.
- Uncertainties surround ProShares’ Ethereum ETF as SEC evaluates risks and merits.
ProShares has filed an application for an Ethereum Exchange-Traded Fund (ETF), the latest move in a flurry of activity that signals growing mainstream acceptance of cryptocurrencies.
The Securities and Exchange Commission has acknowledged the filing and will begin a review process, potentially paving the way for yet another investment vehicle tied to Ethereum (ETH). This follows the SEC’s recent approval of eight other Ethereum-related ETFs.
While the SEC’s initial approval of 19b-4 filings from eight asset management firms for spot Ether ETFs on U.S. exchanges marked a milestone, ProShares aims to distinguish itself with a unique Ethereum-focused offering.
The post Ethereum ETFs: ProShares Latest to Seek SEC Approval appeared first on Coin Edition.
Read More