The Wall Street Journal quoted people familiar with the matter as saying that the U.S. Securities and Exchange Commission (SEC) may approve multiple Ethereum futures ETF applications at the same time.
Since July, the SEC has received crypto ETF applications from several investment companies and has not yet instructed these companies to withdraw their applications, which is different from the instructions to withdraw similar applications in 2021. People familiar with the matter said this shows that regulators will not block the launch of ETFs in the short term. As of now, at least 16 Ethereum-related ETF applications are awaiting approval from regulators.