Amid growing anticipation about the potential approval of a spot Ether exchange-traded fund (ETF) in the United States, global investment managerVanEck's ETF has been listed by the Depository Trust and Clearing Corporation (DTCC) under the ticker symbol "ETHV."

What Happened: This development is seen as a critical step before receiving final approval from the U.S. Securities and Exchange Commission (SEC).

The DTCC, a key American financial market infrastructure provider, offers clearing, settlement, and transaction reporting services.

A listing on DTCC is a necessary precursor to SEC approval. Currently, VanEck's ETF is designated as inactive on...