U.S. Securities and Exchange Commission (SEC) approves spot Ethereum ETFs

The crypto complex is certainly reacting positively.

BTC up.

ETH up.

Added – further sources also confirming, DJ, Reuters

More:

  • SEC approved applications from Nasdaq, CBOE
    and NYSE to list exchange-traded funds (ETFs) tied to the price
    of ether
  • The next step is for ETF issuers to get approval before
    the products can launch
  • Nine issuers hope to launch ETFs tied to ETH