Cryptocurrency

Cryptocurrency

SEC paves way for ethereum ETFs in boost for crypto

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The US Securities and Exchange Commission has paved the way for the potential launch of eight exchange traded funds tied to the world’s second-largest digital coin, following the regulator’s approval of the first bitcoin ETFs earlier this year.The regulator on Thursday approved rule changes in support of ETFs that invest in ether, the native cryptocurrency of the ethereum blockchain, for several groups including BlackRock, Fidelity, Invesco and Ark Invest. A second round...
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