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Whereas I can’t communicate to what any regulator will approve, I feel it’s essential to take a look at different areas and the way regulatory approvals of ETFs transpired. For instance, the primary spot bitcoin ETF was authorized in Canada in early 2021. Just a few months later, ether ETFs gained approval and commenced buying and selling. Now, there are over 11 ETFs, together with a blended cryptocurrency ETF and an ether-staking ETF. If the identical sample follows, an ether ETF approval will be close to.
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