In a surprising last-minute twist to the onerous journey of spot Ether (ETH) exchange-traded funds (ETFs) toward approval, the U.S. Securities and Exchange (SEC) has informed exchanges that it will likely approve the new funds, a new report revealed.
The Wall Street regulator's staff Monday told exchanges seeking to sell and trade the financial products that it was leaning toward an approval, Barron's reported Tuesday, citing anonymous people familiar with the matter.
