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Cryptopolitan 2024-01-14 13:47:59

SEC unlikely to approve Ethereum ETF in near future, say TD Cowen and JP Morgan

In a recent report by TD Cowen, a prominent American multinational investment bank, it has been projected that the U.S. Securities and Exchange Commission (SEC) will unlikely approve an Ethereum Exchange-Traded Fund (ETF) anytime soon. The bank’s Washington Research Group suggests that the SEC will prioritize gaining experience with Bitcoin Exchange-Traded Products (ETPs) before considering

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