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US Ether ETFs Set for Debut in Test of Wider Crypto Demand

Regulators approved the first US exchange-traded funds investing directly in Ether, the world’s second-largest cryptocurrency, according to filings and statements from asset managers. The latest development paves the way for the imminent trading of the ETFs and highlights a softening in the US regulatory climate for the digital-asset sector. Bloomberg’s Katie Greifeld joins Caroline Hyde…

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Regulators approved the first US exchange-traded funds investing directly in Ether, the world’s second-largest cryptocurrency, according to filings and statements from asset managers. The latest development paves the way for the imminent trading of the ETFs and highlights a softening in the US regulatory climate for the digital-asset sector. Bloomberg’s Katie Greifeld joins Caroline Hyde and Ed Ludlow to discuss on “Bloomberg Technology.”
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