Odaily Planet Daily News The Wall Street Journal quoted people familiar with the matter as saying that the US Securities and Exchange Commission (SEC) may approve multiple Ethereum futures ETF applications at the same time.
Since July, the SEC has received applications for crypto ETFs from multiple investment companies and has not yet instructed these companies to withdraw their applications, which is different from when companies were instructed to withdraw similar applications in 2021. That suggests regulators won’t block ETF launches anytime soon, the people familiar with the matter said.
As of now, at least 16 ETF applications related to ethereum are awaiting regulatory approval. (WSJ)