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In March, the SEC is set to engage in discussions and decisions regarding Spot Ethereum Exchange-Traded Funds (ETFs). Building on the approval of Spot Bitcoin ETFs in January and their ongoing success, there is anticipation for the potential inclusion of Spot ETH ETFs in the realm of crypto within stock trading.




According to Reuters, the SEC plans to hold meetings with applicants for spot Ethereum ETFs next month. Despite the approval of Bitcoin ETFs, the SEC has consistently delayed decisions on pending Ethereum ETFs. While expressing a lack of endorsement for Bitcoin or any other cryptocurrency, SEC Chair Gary Gensler clarified that their approval was driven by trade benefits and widespread demand/court pressure.




The upcoming SEC meetings will delve into the advantages and disadvantages of introducing an Ethereum ETF to the market. These discussions are likely to involve multiple sessions with pending applicants, including prominent names like Grayscale, VanEck, and other asset managers seeking to incorporate an Ethereum ETF into their offerings. Although the SEC has postponed decisions on spot Ether-based products until May at the earliest, they are poised to initiate discussions and meet with issuers starting in March.



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