"Ethereum ETFs Near Approval, Sparking Market Optimism"

1 min read
Source: CoinDesk
"Ethereum ETFs Near Approval, Sparking Market Optimism"
Photo: CoinDesk
TL;DR Summary

BlackRock, Grayscale, and Bitwise have filed amended 19b-4 forms with the SEC for their proposed spot ether ETFs, removing staking provisions to avoid regulatory issues. This move follows similar amendments by other firms like Fidelity and VanEck, and has led to increased optimism about the approval of ether ETFs, with analysts raising approval odds to 75%.

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