The Securities and the United States Commission (SEC) delayed the decision to approve the ether on two funds on a scale of gray.
The decision on ETF ETF ETF ETF ETF ETF and Grayscale ETF and Grayscale were postponed until June 1.Ccording to be announced on April 14 with SEC. The date of the decision is the end of October.
On February 14, the Up-to-date York Stock Exchange (NYSE) has submitted a proposed change in the rules on behalf of Grayscale, which would allow investors in ETF ETHER (ETH) of the company (ETH) to put their shares.
Staking is a process of blocking cryptocurrency in the portfolio in order to handle the Operations and security of the blockchain network, offering the Stake Award in return. The function is considered a potentially integral part of ETR ETF, because it can generate profitability for investors, increasing the attractiveness of funds.
SEC announcement about delay. Source: Sec
The annual efficiency at Stked Ether is estimated at 2.4% based on Coinbase, while for Kraken, another exchange -based exchange, ranges from 2% to 7%. According to Sosovalue, Ether ETFS had Cumulative net influx of $ 2.28 billion from their premiere in 2024.
The race for erecting ETHER ETFS includes other asset managers, including 21Shares Ethereum Trust. The company was looking for permission to offer services in February and is currently waiting for the agency to be approved.
SEC approves options for many point ether
Despite the delay in the foldings, SEC goes forward with regulatory conclusions surrounding ETF Crypto.
On April 9, the agency approved trade in options for many ETF points, enabling the function of derivatives for funds from ETF Blackrock, Bitwa and Grayscale.
Options trading includes the right to buy and sell contracts that give investors the right, but not the obligation to buy assets at a certain price. Approval extends the usefulness of funds for institutional investors.
Exercises aimed at extending the appeal of ETHE ETF reflect the lack of adoption as opposed to ETF Bitcoin (BTC) launched in January 2024. While ETHER ETF accumulated a cumulative net influx of $ 2.2 billion, funds of fund funds reached $ 35.4 billion According to to Sosovalue.
The ether also had a complex time in this bull market compared to other resources, such as XRP (XRP) and Solana (SOL). The 52-week maximum assets of USD 4,112 did not exceed the highest level of the highest level in November 2021 of USD 4,866. The token trads below $ 20 on April 14.
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