Just In: SEC Opens Discussion on Fidelity's Ethereum ETF Proposal

In a significant move for the cryptocurrency market, the United States Securities and Exchange Commission (SEC) has opened the floor for public comments on a proposed rule change. This change could allow Fidelity Investments, a major asset management firm, to offer shares of its spot Ethereum (ETH) exchange-traded fund (ETF). This proposal marks a pivotal moment in integrating cryptocurrencies into mainstream financial products.