Crypto prices rally back as SEC said to be ready to greenlight ether-futures ETFs

Crypto prices bounce back — after a major crash — on the news that the SEC may be ready to push forward ether-futures ETFs.

Crypto prices briefly bounced back on the news that the SEC is poised to approve ether-futures ETFs.Stay updated on Pro Crypto Ecosystems news by locking ACS tokens with The Block.No wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Despite a major crash just an hour prior, crypto prices are now surging on the news that the U.S. Securities and Exchange Commission is said to be ready to greenlight ether-futures ETFs..

Bitcoin also saw a rally on the report coming out, as it rose from $26,400 to $27,200, before cooling off. Multiple companies including Bitwise have filed for such products, following the launch of bitcoin-futures ETFs in 2021.

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