The United States Securities and Exchange Commission (SEC) has shown a favorable stance on approving spot Ethereum ETFs, with the possibility of imminent release, according to sources related to Barrons. SEC representatives recently communicated to several exchanges that Ethereum-related products could be approved and listed soon, raising expectations in the cryptocurrency market.

Agency officials provided constructive feedback on the requests received, pointing to a resolution and approval that could occur as soon as this week. This move by the SEC is seen as a positive sign, especially as the agency continues to provide guidance to a range of issuers, including those with longer response times expected later in the year.

The approval of these ETFs could represent a major development in the Ethereum market, opening doors for the entry of institutional investors, such as pension funds and foundations, who prefer not to invest directly in cryptocurrencies due to operational or regulatory issues. The inclusion of Ethereum in ETF funds not only solidifies its position in the traditional financial market, but could also encourage an increase in interest in other cryptocurrencies such as Solana and Avalanche.

However, it is important to note that even with the approval of initial 19b-4 forms, Ethereum-based ETFs will not necessarily launch simultaneously. The SEC still has pending feedback regarding some S-1 filings, which are essential to the full ETF launch process.

This development is a significant milestone, signaling a possible change in the SEC’s regulatory approach towards cryptocurrencies, specifically for Ethereum and potentially setting a precedent for other digital currencies. At the time of publication, the price of ETH was quoted at US$3,742.82, up 19% in the last 24 hours.


The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing in or trading cryptocurrencies carries a risk of financial loss.


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