The Securities and Exchange Commission has revealed an Ethereum exchange traded fund filed by WisdomTree.
The approval of WisdomTree’s Ethereum ETF would allow retail traders in the U.S to buy into the ETF without owning the blockchain’s token, Ether.
WisdomTree is now the second ETF in the U.S, after VanEck.
WisdomTree has already filed for a bitcoin ETF with SEC.
If approved, WisdomTree Ethereum Trust would go public on Cboe BZX exchange under a non-disclosed ticker symbol.
Ethereum is currently declining. ETHUSD is down 5.56%.