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Are spot Ether (ETH) exchange-traded funds ready to trade?

Just days ago, prospects for the ETFs looked bleak. Spot ether (ETH) exchange-traded funds took a giant leap toward reality on Thursday after the U.S. Securities and Exchange Commission approved key regulatory filings tied to them, a milestone for the second-largest cryptocurrency. They are not yet cleared to trade, though.

Could a federal appeals court paved the way for a spot market ETF?

Bitcoin and bitcoin-related stocks rallied Tuesday after a federal appeals court potentially paved the way for a spot market ETF. By Karee VenemaPublished 29 August 23 Stock Market Today: Dow Outperforms on Strong Caterpillar Earnings The blue chip average closed with a win as Caterpillar stock rallied on impressive Q2 results.

Will spot bitcoin ETF inflows rise to $39 billion in 3 years?

Financial services provider Galaxy estimates inflows in spot bitcoin ETF products could rise from $14 billion in the first year to $39 billion within three years. Update—Jan. 10, 2024: This article was updated to add comments from the SEC.

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