Word “Crypto” and stock graph are seen through magnifier displayed in this illustration taken September 4, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing Rights
Nov 20 (Reuters) – A spate of filings for spot bitcoin and ether exchange-traded funds (ETFs), including from traditional finance heavyweights, has revived the crypto market that had been crushed by a series of meltdowns last year.
A spot crypto ETF would track the market price of the underlying crypto asset, giving investors exposure to the token without having to buy the currency. The SEC has previously denied all spot bitcoin ETF applications citing potential for fraud, but that could soon change after it lost a legal battle in August.
Here is a pipeline of filings for spot bitcoin ETFs awaiting approval:
Here is a pipeline of spot ether ETFs awaiting approval:
Here are some ether futures-tied ETFs that have been approved recently:
Sources: filings, media reports, company statements
Reporting by Manya Saini and Niket Nishant in Bengaluru; Editing by Michelle Price and Shounak Dasgupta
Our Standards: The Thomson Reuters Trust Principles.
