XRP and Litecoin ETFs are likely to get approved before an Ethereum option. Valkyrie Funds CIO Steven McClurg said he believes that Ethereum is a security. McClurg claims that SEC is likely to reject Spot Ethereum ETF. Ethereum exchange-traded fund anticipation among traders has increased in the past few weeks, but the consensus on social media platform X is that an Ether ETF is likely to get rejected by the US Securities & Exchange Commission .
Coinbase Derivatives recently announced their plans to launch Commodity Futures Trading Commission approved futures contracts for Dogecoin, Litecoin and Bitcoin Cash on April 1. This further supports the thesis of a Litecoin ETF receiving the greenlight from the SEC. Terret tweeted the gist of her fireside chat with Valkyrie Funds’ Chief Information Officer Steven McClurg. McClurg said that the SEC is likely to treat Ether as a security and reject a Spot ETH ETF.
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: TheBlock__ - 🏆 464. / 53 Read more »
Source: Utoday_en - 🏆 295. / 63 Read more »