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Hedge funds betting on SEC greenlighting spot Ethereum ETFs – | Coins▪︎Trading▪︎Crypto News

Hedge funds betting on SEC greenlighting spot Ethereum ETFs – VanEck

VanEck head of digital assets research Matthew Sigel believes financial institutions are gearing up for the imminent launch of spot Ethereum (ETH) exchange-traded funds (ETFs) in the US despite the funds pending regulatory approval. He added that data from K33 Research indicates a significant rise in inflows to Ether exchange-traded products (ETPs) outside the US markets, which suggests that large investors are preparing for the regulatory green light for the spot Ethereum ETFs.

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