While I can’t allude to to what any regulator will approve, I think it’s important to look at other regions and how regulatory approvals of ETFs occurred. For example, the first spot bitcoin ETF was approved in Canada in early 2021. A few months later, ether ETFs upward approval and began trading. Now, there are over 11 ETFs, including a mixed cryptocurrency ETF and an ether-staking ETF. If the same pattern carry ons, an ether ETF approval can be near.
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