The Securities and Exchange Commission (SEC) could approve spot Ether exchange-traded funds (ETFs) as soon as July 4, with eight asset managers including major players like BlackRock and Franklin Templeton looking to list these funds after the success of spot Bitcoin ETFs.
Major asset manager State Street Global Advisors (SSGA) has partnered with crypto investment firm Galaxy Digital to launch a suite of exchange-traded funds (ETFs) focused on the digital asset ecosystem.
Cryptocurrency investment platform Abra and its founder and CEO William Barhydt have reached a settlement agreement with financial regulators in 25 states, resolving allegations that Abra operated its mobile application without the necessary money transmitter licenses.
Top stories in the Crypto Roundup today:
- Spot Ether ETFs on the Horizon as Approval Could Come by July 4
- State Street and Galaxy Digital to Launch Crypto ETFs ‘Beyond Bitcoin’
- Abra Reaches $82 Million Settlement with 25 States for Operating Without Licenses