Cryptocurrency ETFs have risen across the board. As of press release, the Huaxia Ether ETF (03046) has risen 7.31%; the Bosch Ether ETF (03009) has risen 7.2%; and the Harvest Ether ETF (03179) has risen 7.16%.
The Zhitong Finance App learned that cryptocurrency ETFs have risen across the board. As of press release, the Huaxia Ether ETF (03046) has risen 7.31%; the Bosch Ether ETF (03009) has risen 7.2%; the Harvest Ether ETF (03179) has risen 7.16%; the Harvest Bitcoin ETF (03439) has risen 3.33%; and the Huaxia Bitcoin ETF (03042) has risen 3.1%.
According to the news, after the US stock market on May 23, local time, according to a regulatory document presented on the US Securities Regulatory Commission (SEC) official website, the US Securities Regulatory Commission (SEC) announced that it has approved plans related to Ethereum spot ETF trading submitted by the NYSE, the Chicago Options Exchange, and NASDAQ. This also means that the Ethereum spot ETF is only one step away from landing on the US exchange.
Industry insiders generally believe that as far as the crypto market is concerned, the approval of an Ethereum spot ETF will further help cryptocurrencies such as Bitcoin and Ethereum reach greater capital, making it easier for investors to invest more capital into emerging asset classes such as Bitcoin and Ethereum.