Investment bank TD Cowen: The US SEC will not approve an Ethereum spot ETF in the short term
According to The Block, TD Cowen Investment Bank believes that the US SEC is unlikely to approve an Ethereum spot ETF in the short term. Despite recently approving a Bitcoin spot ETF, TD Cowen expects the SEC to take a more cautious approach in approving an Ethereum spot ETF. Analysts point out that the SEC may wait for experience from Bitcoin ETFs before considering approval for Ethereum or other cryptocurrency ETFs. The investment bank stated that the approval process may not take as long as 26 months and could happen after the US election.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
0G ecosystem decentralized iNFT marketplace AIverse officially launched
The BTC holdings of Australia's Monochrome Spot Bitcoin ETF have risen to 1,028.
Trending news
MoreCrypto prices
More








