TechFlow news, according to the Wall Street Journal citing sources familiar with the matter, the U.S. Securities and Exchange Commission (SEC) may simultaneously approve multiple Ethereum futures ETF applications.
Since July, the SEC has received cryptocurrency ETF applications from several investment firms and has not instructed these companies to withdraw their filings—a departure from 2021, when firms were asked to pull similar applications. Sources say this indicates the regulator is unlikely to block the launch of such ETFs in the near term.
As of now, at least 16 ETF applications related to Ethereum are awaiting regulatory approval.
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