Nov 20 (Reuters) – A spate of filings for spot bitcoin and ether exchange-traded funds (ETFs), together with from conventional finance heavyweights, has revived the crypto market that had been crushed by a collection of meltdowns final 12 months.
A spot crypto ETF would monitor the market value of the underlying crypto asset, giving traders publicity to the token with out having to purchase the foreign money. The SEC has beforehand denied all spot bitcoin ETF purposes citing potential for fraud, however that might quickly change after it misplaced a authorized battle in August.
Here’s a pipeline of filings for spot bitcoin ETFs awaiting approval:
Here’s a pipeline of spot ether ETFs awaiting approval:
Listed here are some ether futures-tied ETFs which were authorised just lately:
Sources: filings, media stories, firm statements
Reporting by Manya Saini and Niket Nishant in Bengaluru; Enhancing by Michelle Worth and Shounak Dasgupta
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