🧵 1. Asset managers Invesco and Galaxy Digital reportedly apply for spot Ether ETF, joining others seeking regulatory approval. #crypto
🧵 1. Asset managers Invesco and Galaxy Digital reportedly apply for spot Ether ETF, joining others seeking regulatory approval. #crypto
🧵 2. SEC delays decisions on previous Ether ETF applications from ARK 21Shares and VanEck, extending deadline to Dec. 25-26.
🧵 3. While spot Ether ETFs may take longer, futures-based Ether ETFs are set to launch as early as next week.
🧵 4. VanEck and Valkyrie announce upcoming Ethereum Strategy ETFs while Bitwise and Proshares also prepare to launch their own Ether ETFs.
🧵 5. Ether price increases to $1,666 amid excitement over the launch of futures-based ETFs.
🧵 Read more at: https://cointelegraph.com/news/invesco-galaxy-ether-spot-etf-application