The cryptocurrency landscape in the U.S. is poised for a significant shift if the Securities Exchange Commission (SEC) greenlights spot Ethereum (Ether) ETFs. Following the SEC’s spot Bitcoin ETF approval in October 2023, this potential approval would welcome Ethereum, the world’s second-largest cryptocurrency, into the investment mainstream. However, the outcome is still uncertain, adding to the intrigue of this development.
This article will highlight the backdrop for spot Ethereum ETFs achieving SEC approval in the U.S. and the current investment solutions through which Canadian investors can access this cryptocurrency.
