Chatter about that US regulator is set to approve Ether-Futures ETFs

<p>Bloomberg (gated) on a cryptocurrency tailwind if true. </p><ul><li>The US Securities and Exchange Commission (SEC) is poised to allow the first exchange-traded funds based on Ether futures, a major win for several firms that long have sought to offer the products</li><li>The regulator isn’t likely to block the products, which would be based on futures contracts for the second-largest cryptocurrency, according to people familiar with the matter. </li><li>Officials have indicated that several might by October, said one of the people</li><li>SEC declined to comment</li></ul><p>Earlier in BTC:</p><ul><li><a href="https://www.forexlive.com/Cryptocurrency/coinbase-says-it-has-system-issues-but-funds-are-secure-meanwhile-btc-extending-lower-20230817/" target="_blank" rel="follow" data-article-link="true">Coinbase says it has system issues but funds are secure. Meanwhile BTC extending lower.</a><ul><li>SpaceX sold its stake in BTC according to a Wall Street Journal report</li></ul></li></ul><p>Bitcoin is being shunted around with news flows.</p><p>Crypto of the moment ETH even more so:</p>

This article was written by Eamonn Sheridan at www.forexlive.com.

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