BREAKING: SEC Approves Spot Ethereum ETF
22.07.2024 23:52 1 min. read Alexander Stefanov
It is official - the Securities and Exchange Commission of the United States approved the launch of spot Ethereum ETFs.
Around six months since the approval of spot Bitcoin ETFs in January, crypto investors got their wish – the approval of the first altcoin ETF.
It’s official: Spot Eth ETFs have been made effective by the SEC. The 424(b) forms are rolling in now, the last step = all systems go for tomorrow’s 930am launch. Game on. pic.twitter.com/9MaBDBA8co
— Eric Balchunas (@EricBalchunas) July 22, 2024
This significant milestone for the crypto space marks a new era for investments, that will potentiall open the path to new heights for the biggest altcoin by market cap.
On the 24th of May SEC approved all 19b-4 applications. Three months later the regulator greenlit the S-1 applications as well, officially giving their nod for spot Ethereum ETF trading.
READ MORE:
Is China Reconsidering its Bitcoin Ban?
At the time of writing ETH is trading at $3,460 after a slight decline in the past 24 hours and is up 1.6% on the weekly chart.
-
1
Binance Adds Five Tokens to VIP Loan, Market Reaction Mixed
30.04.2025 20:00 1 min. read -
2
No XRP ETF Yet: Bloomberg Confirms No Official Launch Date for ProShares
29.04.2025 17:00 1 min. read -
3
Solana Strengthens Above $150 as Market Eyes Potential Flip Over Ethereum
29.04.2025 14:00 2 min. read -
4
Ethena Taps TON to Deliver Stablecoin Access to Millions on Telegram
01.05.2025 22:00 1 min. read -
5
Ethereum Risks Major Drop Against Bitcoin if Key Level Fails, Analyst Warns
02.05.2025 13:00 1 min. read
Ethereum Price Prediction: ETH Could Explode to $4,000 After this Buy Signal
Ethereum (ETH) has surged by 4.5% in the past 24 hours and currently sits at $2,650. The top altcoin has emerged as the best-performing cryptocurrency of the top 5 in the past 30 days with gains of 62.1%. Interestingly, although Bitcoin (BTC) has surged to all-time highs, ETH has not followed its pace and it […]
Binance Announces 70th Launchpool Project with Token Farming Starting May 23
Binance has selected Huma Finance as the latest project to debut on its Launchpool, introducing a decentralized platform focused on enabling instant liquidity for digital payments and global transactions.
Canary Capital Strengthens Solana ETF Bid With Staking Partnership
Canary Capital has revised its application for a spot Solana ETF, signaling a more ambitious strategy by integrating staking features into the product.
Binance Prepares New Token Launch with Exclusive Airdrop for BNB Stakers
A new liquid staking token, Haedal Protocol (HAEDAL), is making its way to Binance’s spot market this week, accompanied by an airdrop targeting loyal BNB holders.
-
1
Binance Adds Five Tokens to VIP Loan, Market Reaction Mixed
30.04.2025 20:00 1 min. read -
2
No XRP ETF Yet: Bloomberg Confirms No Official Launch Date for ProShares
29.04.2025 17:00 1 min. read -
3
Solana Strengthens Above $150 as Market Eyes Potential Flip Over Ethereum
29.04.2025 14:00 2 min. read -
4
Ethena Taps TON to Deliver Stablecoin Access to Millions on Telegram
01.05.2025 22:00 1 min. read -
5
Ethereum Risks Major Drop Against Bitcoin if Key Level Fails, Analyst Warns
02.05.2025 13:00 1 min. read