The cryptocurrency market experienced a significant downturn today as investors anxiously awaited the US Securities and Exchange Commission’s (SEC) decision on Ethereum (ETH) exchange-traded funds (ETFs).
Amid growing anticipation about the potential approval of a spot Ether exchange-traded fund (ETF) in the United States, global investment manager VanEck's ETF has been listed by the Depository Trust and Clearing Corporation (DTCC)
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Jack Mallers, CEO and founder of Chicago-based bitcoin payment provider Strike, in a Wednesday interview on Bloomberg stated that the potential approval of spot Ethereum ETFs is a move driven by the interests of