Ether (ETH) ETF Hopes Drive Futures Open Interest to Record $14B

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Ether (ETH) ETF Hopes Drive Futures Open Interest to Record $14B

Late Monday, Bloomberg's ETF analysts increased the probability of the U.S. Securities and Exchange Commission (SEC) green lighting the spot ETH ETFs

Late Monday, Bloomberg’s ETF analysts increased the probability of the U.S. Securities and Exchange Commission (SEC) green lighting the spot ETH ETFs to 75% from 25%. Meanwhile, CoinDesk reported that the SEC had asked exchanges looking to list and trade potential spot ether ETFs to update 19b-4 filings on an accelerated basis, a sign of the regulator attempting to fast-track the process.

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