The US Securities and Exchange Commission (SEC) has finally approved the launch of seven spot Ethereum-ETFs!
This means that investors can now access etherium through exchange traded funds, which could lead to a significant increase in liquidity and demand for the second largest cryptocurrency.
It’s worth noting that ETF issuers removed the staking feature from their filings at the SEC approval stage. However, according to experts, it is only a matter of time before such a feature appears in the funds.
Analysts at crypto exchange Gemini predict that in the first six months after the launch, about $5 billion will be invested in spot Ethereum-ETFs. This is about a third of the amount of funds invested in similar bitcoin funds for the same period.
Read the original article – https://incrypted.com/sec-odobryla-zapusk-semy-spotovyh-ethereum-etf/.
