@balckbeard
According to CryptoPotato, the US Securities and Exchange Commission (SEC) is expected to approve the latest modifications to the spot Ethereum ETFs by July 4. This comes as discussions between asset managers and regulators are nearing their conclusion. Eight asset managers, including BlackRock, Franklin Templeton, and Grayscale Investments, are reportedly in the final stages of these discussions. Many of these firms launched spot Bitcoin ETFs in January after a decade-long struggle with regulators. Grayscale is now looking to convert an existing trust into an ETF.
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