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The US SEC will Approve the first Ethereum Futures ETF!

August 18, 2023
in Crypto Exchanges
Reading Time: 2 mins read
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Writer: Mustafa Mulla Aug 18, 2023 9:57

Mustafa has been writing about Blockchain and crypto since a few years. He has earlier buying and selling expertise and has been working within the Fintech business since 2017.

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The US Securities and Trade Fee (SEC) has introduced plans to approve the itemizing of the primary Ethereum futures exchange-traded fund (ETF). This growth is anticipated to open up a number of alternatives for funding within the cryptocurrency markets, as buyers look to search out new methods to faucet into the rising reputation of Ethereum. Already, almost a dozen corporations, together with Volatility Shares, Bitwise, Roundhill, and ProShares, have utilized to launch their very own Ethereum futures ETFs, with some anticipated to hit the market as early as October.

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Tags: ApproveETFEthereumFuturesSEC
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