SEC Opens the Door for Spot Ether ETFs in Big Crypto Victory

What You Need To Know

• Firms like BlackRock, Fidelity, VanEck and ARK are vying for crucial first-mover advantage in the race to launch a spot Ether ETF.
• Their interest has been piqued by billions of dollars gushing into new Bitcoin ETFs since January when the SEC signed off on trading in those products.
• SEC Chair Gary Gensler has been ambiguous on his views over whether Ether is a security,