Exchanges Told SEC Leaning Towards Approval of Spot Ethereum ETFs: Report

Securities and Exchange Commission staff told exchanges on Monday the agency is "leaning" towards approving Spot Ether ETH/USD ETFs, according to a report in Barron's, which cited anonymous sources. "What changed is that SEC staff on Monday told exchanges where the products would list that it is leaning toward approving them, according to people familiar with the matter" according to Barron's. "The agency provided comments on the applications that, if resolved in time, could result in approvals as soon as this week."

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