Global #spot Ether ETFs

YieldMax, a fund group known for its option-based ETFs, has filed with the SEC to launch an Ether Option Income Strategy ETF. This filing comes just ahead of the highly anticipated launch of the first spot Ether ETFs in the US.

Ethereum (ETH) has stood out amidst a downturn in the overall crypto market, thanks to the recent approval of eight spot Ether exchange-traded funds (ETFs) by the SEC. This approval has reignited investor enthusiasm and positivity.

In a significant ruling this year, the United States Securities and Exchange Commission (SEC) has approved the introduction of spot Ether exchange-traded funds (ETFs) in the country.