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, ‘The U.S. Securities and Exchange Commission (SEC) announced on the 22nd (local time) that it has approved the trading of a virtual currency Ethereum spot index fund (ETF) applied by asset management companies such as BlackRock.’,
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, ‘This is the first time an Ethereum spot ETF has been approved by the SEC. This approval comes six months after Bitcoin’s approval in January.’,
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, ‘Following the approval of the Ethereum spot ETF application filed by asset management companies on May 23, the SEC has finally approved trading on this day.’,
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, ‘The SEC stated that at least two out of the 8 asset management companies that applied for the ETF launch can start trading from the 23rd.’,
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, ‘Reuters reported that BlackRock, Vanguard, and 6 other ETF products will begin trading on the New York Stock Exchange and three other exchanges.’,
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, ‘With the start of Ethereum spot ETF trading, there are expectations in the cryptocurrency market that the physical price of Ethereum will rise.’,
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, ‘According to the CoinMarketCap, as of 8:30 am on that day, the price of Ethereum per unit is trading at $3,443, down 2.49% from 24 hours ago.’,
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