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The Wall Street Journal, citing unnamed sources, reported that the U.S. Securities and Exchange Commission (SEC) may potentially approve multiple Ethereum futures ETF applications simultaneously. Since July, the SEC has received several applications for cryptocurrency ETFs and has not indicated that these companies should withdraw their applications, a departure from similar requests made in 2021. The sources suggest that this indicates the regulatory agency is not likely to hinder the launch of ETFs in the short term. As of now, there are at least 16 Ethereum-related ETF applications awaiting regulatory approval. |
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