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SEC Reviews ProShares Application for Ether ETF

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The SEC made an announcement on June 10th regarding a rule change proposed by the NYSE Arca to allow for the listing and trading of shares of the ProShares Ethereum ETF. Following its publication in the Federal Register, the SEC is inviting public comments on the application for a period of 21 days. Subsequently, the SEC has a 45-day window to either approve, disapprove, or prolong the decision-making process.

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