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Exchange applications to list spot ether ETFs approved by SEC

Image of SEC Chair Gary Gensler.
Photo: Brendan Smialowski/Getty Images

Nasdaq, CBOE and NYSE approved to list ETFs tied to the price of ether.

The US SEC has approved applications from Nasdaq, the Chicago Board Options Exchange and the New York Stock Exchange to list exchange-traded funds (ETFs) tied to the price of ether, potentially setting the products up to begin trading later this year.

This only means applications to the exchanges were granted;