The task, which started with the approval of the bag Bitcoin ETF in January, continues with the approval of the Ethereum ETF. Now, whereas the SEC is anticipated to approve S-1 filings for bag ETH ETFs to begin for procuring and selling, VanEck and 21 Shares occupy filed for bag Solana ETF.
Whereas current altcoins a lot like Solana (SOL), XRP and Liteceoin (LTC) are being discussed among the many altcoin candidates that might per chance seemingly bag ETF approval after Bitcoin and Ethereum ETFs, negotiations occupy begun for a shock altcoin.
At this point, ETC Grants DAO, a non-profit, decentralized self reliant group dedicated to supporting the Ethereum Classic (ETC) ecosystem, presented that they’re in talks with VanEck to explore the possibility of an Ethereum Classic ETF.
Sharing from memoir X, ETC Grants DAO talked about that it’s currently in talks with VanEck about the possibility of launching an ETC ETF/ETN.
Alternatively, DAO neatly-known that it might per chance per chance seemingly additionally clutch some time to reach the ETC ETF goal.
“Inspiring news!
ETC Grants DAO is currently in discussions with VanEck concerning the doable start and feasibility of the Ethereum Classic (ETC) ETF/ETN.
This lengthy-term goal might per chance seemingly additionally clutch time, nevertheless close tuned for updates on this promising development.”
ETC, which ranks twenty sixth within the CoinMarketCap rankings by market designate, continues to substitute at $ 20.9.
🚀🤝 Inspiring news! The ETC Grants DAO is currently in discussions with VanEck concerning the doable start of an Ethereum Classic (ETC) ETF/ETN and its feasibility. This lengthy-term goal might per chance seemingly additionally clutch time, nevertheless close tuned for updates on this promising development! #EthereumClassic… pic.twitter.com/R5KWXsnoYr
— ETCGrantsDao (@ETCGrantsDao) July 12, 2024
*Here isn’t any longer investment advice.
