Ethereum ETFs are right here, constructing case for US approval of BTC and ETH funds

Not like its neighbor to the south that continues to procrastinate, Canada appears to be fast-tracking crypto property — as evident once more final week in its regulatory inexperienced mild for 3 new Ether (ETH)-based exchange-traded funds, North America’s first.

“Having an simply accessed ETF in Canada modifications the aggressive panorama,” Campbell Harvey, professor of worldwide enterprise at Duke College’s Fuqua Faculty of Enterprise, informed Cointelegraph. The US Securities and Change Fee will really feel stress to approve a cryptocurrency-based ETF quickly, maybe inside months, mentioned Harvey.