SEC approved 2 major spot ETH ETFs to be listed on NYSE Arca

in H4LAB Research • last month (edited)

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Source: Cointelegraph

Almost there. Grayscale and Proshares spot ETH(Ethereum) ETFs will be listed on NYSE(New York Stock Exchange) Arca. The NYSE Arca is a specialized exchange for trading ETFs.

Reportedly, spot ETH ETFs will commence trading on July 23. It's 5 days left. Some market short-term traders and investors may think 'Sell the news'.

Take a look at the past when spot BTC ETFs were approved by the 🇺🇸 SEC. At that time, the BTC price was less than $40k. They don't consider the accumulation of spot assets by Wall street. Idiot 😮‍💨

#eth #ethereum #spot #etf #wallstreet #sec
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    This comment is for rewarding my analysis activities. Upvotings will be proceeded by @h4lab and @upex

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    Upvoted! Thank you for supporting witness @jswit.

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      Congratulations, your post has been upvoted by @upex with a 100.00% upvote. We invite you to continue producing quality content and join our Discord community here. Visit https://botsteem.com to utilize usefull and productive automations #bottosteem #upex

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