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The SEC is expected to reject spot Ether ETF applications next month, following recent meetings wherein the regulator's staff reportedly did not proactively engage with applicants.
Following the approval of spot Bitcoin ETFs, there is much excitement and anticipation in the crypto market for spot Ether ETFs, and it appears U.S. investors are particularly interested in ETH, as
Last month, a false report also drove the price of bitcoin higher, claiming the SEC had approved an ETF from BlackRock.