ETFs
Ether ETF: SEC approval expected as early as mid-July
Asset managers are optimistic that the SEC will give the green light to the first U.S. ETFs that invest directly in Ether as early as mid-July, stating that the back-and-forth with the regulator remains constructive.
Despite previous markets speculationBloomberg Terminal While approval would be granted during the July 4 holiday week, the Securities and Exchange Commission told applicants for Ether exchange-traded funds they have until July 8 to submit updated documents, according to two people familiar with the matter. There could be an additional round of filings after the round scheduled for Friday.