The Securities and Exchange Commission (SEC) has recently given the green light for Ethereum exchange-traded funds (ETFs) to be traded on the market. This development marks a significant step forward for the cryptocurrency industry, as Ethereum has gained widespread popularity and acceptance among investors and institutions alike. With the approval of these ETFs, investors will now have more options to gain exposure to Ethereum without having to directly buy and hold the digital asset.
The SEC is set to approve multiple Ethereum ETFs from major financial firms, including well-known names such as BlackRock, VanEck, Franklin Templeton, Grayscale, and ProShares. This move is expected to further legitimize Ethereum as an investment asset and attract more traditional investors to the cryptocurrency space. The approval of these ETFs provides a regulated and secure way for investors to participate in the potential growth of Ethereum, which has become the second-largest cryptocurrency by market capitalization.
Standard Chartered, Animoca Brands Join Hong Kong's Stablecoin Sandbox
The Hong Kong Monetary Authority (HKMA) has announced participants, including Standard Chartered and Animoca Brands, for its stablecoin issuer sandbox
BlockFi To Begin Temporary Crypto Distributions On Coinbase In July
Bankrupt crypto lender BlockFi will begin its first temporary distribution of crypto assets through Coinbase in July, but non-U.S. clients are current
Mt. Gox Creditors Face Multiple Brute-Force Login Attempts
Mt. Gox creditors are reporting numerous unauthorized login attempts on their accounts, with the claims website currently down for maintenance.
Polygon (MATIC) Set For Major Upgrade And Migration To POL Token On September 4
Polygon (MATIC) is undergoing significant upgrades, including a token transition to POL by September 2024, as part of its 2.0 roadmap to enhance its Z
Indian Crypto Exchange WazirX Hit By $230M Hack
WazirX, a major Indian crypto exchange, suffered a security breach where over $230 million in crypto assets were unauthorizedly transferred from its m