The SEC Approves Spot Ethereum ETFs Sans Staking As Crypto Regulation Becomes A Hot Topic On The Hill

In what constitutes a major step in the ongoing commoditization and financialization of the entire crypto sphere, which serves to bestow a sheen of legitimacy to the still-nascent sector, the apex financial regulator in the US has finally approved the listing of several spot Ethereum ETFs. We noted earlier this week that the SEC had asked Nasdaq, CBOE, and the New York Stock Exchange (NYSE) to amend their applications to list spot Ethereum ETFs, potentially signaling its readiness to approve these investment vehicles. BOOM!! APPROVED! There it is. The SEC just approved spot #Ethereum ETFs. What a turn of events. […]

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