SEC Dashes Hopes As It Delays These Two Ethereum ETFs Despite Unique Approach
In a recent development, the US Securities and Exchange Commission (SEC) has further dampened the mood in the crypto community following its decision to postpone two Spot Ethereum ETF applications. The SEC’s Announcement In two separate releases, the Commission announced that it was delaying its decision on the proposed rule change by the Cboe BZX […]
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Ethereum (ETH) exchange-traded funds (ETFs) are set to close August 2025 with total net inflows exceeding $4 billion, significantly outpacing their Bitcoin (BTC) counterparts, which recorded more than $600 million in outflows during the same period. Ethereum ETFs Outshine Bitcoin ETFs According to data from SoSoValue, spot Ethereum ETFs have attracted $4.04 billion in net […]
Former US Securities and Exchange Commission (SEC) Chair, Jay Clayton, has weighed in on the ongoing applications for Bitcoin (BTC) spot Exchange-Traded Funds (ETFs) by various asset managers, including BlackRock, WisdomTree, and Ark Invest. Despite the SEC’s cautious approach and the applications facing repeated delays, Clayton is confident that the approval of a Bitcoin ETF […]