Representation of Ethereum, with its native cryptocurrency ether, is seen in this illustration taken November 29, 2021. REUTERS/Dado Ruvic/Illustration/File PhotoThe U.S. securities regulator on Monday asked Nasdaq and CBOE to fine-tune their applications to list spot ether exchange-traded-funds , signaling the agency may be poised to approve the filings, three people familiar with the process told Reuters.
The price of ether jumped as much as 18 per cent Monday, and was up another 2.5 per cent at $3,764 early Tuesday morning. But in a surprise move, SEC officials on Monday asked Nasdaq and CBOE to quickly make updates and changes to the filings, requests which usually precede approval, said the people who declined to be identified discussing private regulatory matters.
Reuters could not immediately verify if NYSE Arca, the third exchange involved, had also been contacted by the SEC.
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