The First Ethereum ETF is Real !!!

The US SEC was brought a surprise in the crypto section last night, giving the green light for the first Ethereum ETF, that will be traded directly in ethers and not in financial products that were traded based on its price.

 

The companies whose funds received the approval from SEC are BlackRock, Fidelity, Grayscale, VanEck, Franklin Templeton, Ark/21 Shares and Invesco.

 

Now the next steps are the filings for S-1 documents, that will make available the funds proposals towards the investing world.

 

This move is expecting to have to a similar effect on Ethereum price, as it happened in the Bitcoin’s price a few months ago. We might observe another new all-time high level in this market also ?

 

We might also see another alt-season, as many cryptocurrencies are based on Ethereum and could produce over-returns in the next years…………

 

Our company, BCASH™, is a licensed Greek company by the Hellenic Capital Market Commission (exchange license) and manufactures/operates cryptocurrency ATMs throughout Greece. One of the locations is at Athens, Greece, while you can find all the locations where our ATMs are placed at https://bcash.eu/en/locations

 

Almost all of the spaces are private and autonomous with high-security standards. Most of the locations offer free wireless internet connection.

 

At BCASH™ ATMs, you can buy and sell cryptocurrencies at the best market rate, such as Bitcoin | Ethereum | USDT | Litecoin | Dash | XRP | XLM.

 

If you have any questions, you can contact our customer support service at +30 6987812000 & +30 6998499499 (Viber, Whatsapp, Telegram supported).