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International Business Times
International Business Times
Business
Marvie Basilan

Ethereum ETFs Get Final Approval – What To Expect After Funds Launch

Ethereum ETFs will go live Tuesday morning after the funds received final approval from the SEC. (Credit: Kostenlose Bilder mit KI/flickr)

KEY POINTS

  • Some traders believe the ETFs' launch will trigger a massive price pump among altcoins
  • An ETF analyst expects issuers to kick off a series of marketing wars to gain traction among investors
  • Another expert said the community shouldn't expect much on Day 1 of trading

Following back-and-forth communications between the U.S. Securities and Exchange Commission (SEC) and applying issuers for spot Ethereum ($ETH) exchange-traded funds (ETFs) in the past few weeks, the funds have finally been fully approved for trading starting Tuesday. What should cryptocurrency users expect and what does this mean for the broader digital assets sector?

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