Ethereum ETF Unexpectedly Approved, a New Breakthrough in Cryptocurrency Investment. Analyst: What Happens Next?
The Securities and Exchange Commission (SEC) has approved the New York Stock Exchange and Nasdaq to begin listing Ethereum exchange-traded funds (ETFs). Although it has not yet approved the asset management companies hoping to issue these new Ethereum funds, this decision marks an unexpected victory for these companies and the cryptocurrency industry. Until Monday, the market had expected the SEC to reject these applications.
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