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Spot-Ether ETFs Approved by the SEC in the Latest Crypto Milestone

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According to papers and remarks from asset managers, regulators have permitted the first US exchange-traded funds to invest directly in Ether, the second-largest cryptocurrency in the world. The US Securities and Exchange Commission granted assent to 21Shares AG, Bitwise Asset Management Inc., BlackRock Inc., Invesco Ltd., Franklin Templeton, Fidelity Investments, and VanEck, among other issuers…

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