The Latest Breaking News from ETF

Michael Saylor, known for being a Bitcoin maximalist, has spoken regarding the approval of spot ETFs for Ethereum, BTC's "closest" rival.

If you own funds or ETFs, you probably have ample exposure to Nvidia stock already.

The SEC has approved spot ETH ETFs, and while social media users have been celebrating, some industry experts reminded the community that the funds won't begin trading soon.

"It's one of the biggest regulatory 180s in recent SEC history," VanEck told Fortune.

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Investors can now invest in bitcoin through traditional investment accounts rather than owning the cryptocurrency outright.

A co-founder of the Ethereum network, and the founder of the company that revealed how the SEC has deemed Ether a security since March last year, said the approval of spot ETH ETFs has become a matter of political interest.

These two Cathie Wood stocks, which have earned a vote of confidence from Bank of America, are sailing past the broader market this year.

Several spot Ether ETF applicants have submitted updated 19b-4 filings, suggesting that the SEC has finally provided comments on the applications and triggering a wave of optimism in the crypto industry for the funds that, unlike Bitcoin, have had a more difficult road toward approval.