After the approval of an Ether ETF, the next steps would typically involve the ETF being listed on a stock exchange, where investors can buy and trade shares of the ETF. This would provide investors with a convenient and regulated way to gain exposure to the price movements of Ether without actually owning the cryptocurrency itself. The ETF would be subject to regulatory oversight and would need to adhere to specific reporting and compliance requirements. Additionally, the approval of an Ether ETF could potentially lead to increased institutional and retail investor interest in Ether, which could impact its price and market dynamics.

Reported 8 months ago

The Securities and Exchange Commission has approved the New York Stock Exchange and Nasdaq to list ether exchange-traded funds (ETFs), but money managers still need approval to issue these new ethereum-exposed funds. The SEC has not provided a timeline, and Yahoo Finance's Jennifer Schonberger discusses the next steps and SEC Chair Gary Gensler's recent comments. Approval for the actual funds to begin trading is pending, involving major names like BlackRock and Grayscale. This decision follows the recent approval of a Spot Bitcoin ETF and signals a shift in SEC's approach to exchange-traded products. Ether has seen volatility amid these developments.

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