First Ethereum (ETH) ETF approved! Corporate Interest Is Growing

First Ethereum (ETH) ETF approved! Corporate Interest Is Growing




A report from Canada today indicated that investment in Ethereum would increase. Toronto-based investment firm Purpose Investments ' application for an Ethereum ETF has been accepted by Canadian regulators.


Canadian regulators have been very generous in their ETF practices for cryptocurrencies. In February, Canada breathed new life into the market by approving its first bitcoin ETF.


Ethereum technology is very exciting, said Som Seif, CEO of Purpose Investments:


Bitcoin is the biggest cryptocurrency, so that's the main interest, but what really excites me is the Ethereum ecosystem and technology. This new technology sheds light on society's vision of the future.

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