Ethereum ETF approval expected in May
Elijah Nicholson-Messmer
The US Securities and Exchange Commission is likely to allow exchange-traded funds to hold the cryptocurrency ethereum in May, according to Standard Chartered.
May 23 is the last date by which the SEC must consider ETF applications from VanEck and Ark 21Shares, the bank wrote in a research report this week. The asset managers will be the first to come up against the final deadline.
Bloomberg
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