Race Begins for First U.S. Ethereum Exchange-Traded Fund Approval

The U.S. Securities and Exchange Commission (SEC) is set to make a critical decision following recent filings by the Chicago Board Options Exchange (CBOE). The move initiates the countdown for potential approval of Ethereum exchange-traded funds (ETF). On September 6, the CBOE submitted two applications for the ARK 21Shares Ethereum ETF and the VanEck Ethereum ETF to be included on its BZX Exchange. These 19b-4 filings are key as they signal the SEC to review and make a judgment on rule changes required for the products listings. This isnt the first time the SEC has been approached...

source: https://tokenpost.com/Race-Begins-for-First-US-Ethereum-Exchange-Traded-Fund-Approval-10640

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Published by: Book Club
Source: NewsService