US SEC nod to first spot Ether ETF to begin trading on Tuesday

Regulatory authorities have granted permission to at least two out of eight firms, including BlackRock and VanEck, to introduce their Ethereum (ETH) Exchange Traded Funds (ETFs). The ETFs are set to be traded on three major exchanges — Cboe, Nasdaq, and NYSE. Ether (ETH) is the native cryptocurrency of the Ethereum network, which holds the second-largest market capitalization in the crypto world.