Could a pending ether ETF mimic the arc of spot bitcoin ETFs?

Tue, May 21, 2024, 1:41 PM

Ethereum prices (ETH-USD) are jumping on the possibility that the Securities and Exchange Commission (SEC) could approve offerings for an ether ETF. This sort of action in the crypto market is reminiscent of what investors saw in the lead-up to the SEC's decision on spot bitcoin ETFs seen at the start of 2024.

Yahoo Finance Senior Markets Reporter Jared Blikre monitors the price action brewing around digital assets and the year-to-date crypto asset flows since the spot bitcoin ETF's inception.

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This post was written by Luke Carberry Mogan.