In its official statement, the Chicago Board Options Exchange (CBOE) announced that some of the spot Ethereum ETFs will begin trading on July 23.
The listed ETFs are:
This is a major milestone for the cryptocurrency space, since this will be the first approved spot altcoin ETF after the SEC greenlit Bitcoin ETFs in the beginning of the year.
At the time of writing ETH is trading at $3.500 after a 2.4% price increase in the past 24 hours.
XRP has been trading within an ascending triangle pattern, signaling a potential significant breakout.
Recent on-chain data for Dogecoin (DOGE) reveals a surge in activity, indicating a growing optimism among cryptocurrency investors towards the popular meme coin.
Commerzbank, one of Germany’s largest financial institutions, is making a significant move into cryptocurrency by offering Bitcoin and Ethereum trading services to its corporate clients.
Raoul Pal, CEO of Real Vision and prominent macro analyst, has identified a layer-1 blockchain that he believes could rise to dominance in the crypto space.