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According to breaking information, the SEC has approved Grayscale's Ethereum Mini ETF as a spot Ethereum ETF.
Thus, in addition to the 8 ETFs it had previously approved, the SEC also approved the applications of Proshares and Grayscale, increasing the number of Ethereum Spot ETFs approved to 10. On the other hand, the expected approval for these ETFs to start trading has not yet been received.
Bloomberg ETF analysts predict that the approval required to start trading may come on July 23.
*This is not investment advice.