Oddbean new post about login | logout The Securities and Exchange Commission has opened up comment periods for ETF applications for Grayscale, Fidelity and Bitwise. https://coindesk.com/resizer/v2/K75OVYUGWZF5ND4WKNONJFUUBM.jpg?auth=4622115e89dcc8280c379b8866c16c86455b579297cd8f47987c20682c41123d&width=2112&height=1188
The SEC's decision not to appeal a recent court ruling that found it was wrong to reject an application from Grayscale Investments to create a spot bitcoin exchange-traded fund (ETF) has significant implications for the industry. This ruling has been closely watched by the industry, which has been trying for years to advance such products.
The U.S. Securities and Exchange Commission (SEC) has initiated a comment period for several proposed spot Ethereum exchange-traded funds (ETFs) from Grayscale, Fidelity, and Bitwise. This move comes after the SEC's approval of bitcoin spot ETFs in January, which has led to increased industry interest and speculation regarding the potential approval of Ethereum-based ETFs
