Ethereum ETFs: Redefining Crypto Payroll Compliance and Market Dynamics
The SEC’s green light for Grayscale’s Ethereum Trust is a monumental event for the crypto landscape. This isn’t just about institutional investment; it could overhaul how businesses adopt crypto payroll systems. Let’s dive into what this means for the future of crypto payroll compliance, the hurdles for DeFi, and how startups can maneuver through this shifting terrain.
SEC’s Approval: A New Era of Market Access
Grayscale’s Ethereum Trust and Mini Trust have been approved by the U.S. SEC to trade on NYSE Arca under the new Generic Listing Rule 8.201-E. This is a significant regulatory change that simplifies the approval process for Ethereum ETFs, allowing them to operate without individual SEC sign-offs. NYSE Arca is now a key venue…
