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US Paves Way for Ether ETFs in Test of Crypto Demand Beyond Bitcoin

(Bloomberg) The crypto industry is closer to another landmark after the Securities and Exchange Commission paved the way for the eventual launch of the first US exchange-traded funds investing directly in the Ether token.Most Read from BloombergSingapore Air Changes Seatbelt Rules After Fatal TurbulenceSpaceX Weighs Plan to Sell Shares at $200 Billion ValuationNvidia Stock Surges as Sales Forecast Delivers on AI HopesChina’s $538 Billion Deposit Exodus Supercharges Rally in BondsThe Rise and ....

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