Good morning & happy Saturday! We're finishing off another wild FinTech week on a weekend this time, but it's the best issue yet - fits like a cheery on the cake ' Today we're going to look at Ethereum hitting Wall Street as SEC approves Ether ETFs (what it means & what's next + some bonus reads on Ether, Bitcoin & more!), Cash App that aims to become a full-service digital bank (what's the plan + a bonus dive into Block & their latest financials), and cash that still holds strong as credit cards surge and mobile P2P growth plateaus (a quick look at the latest trends + a bonus dive into the player that's dominating the space). Let's jump straight into the brilliant stuff ' The news '' In a surprising turn of events, the U.S. Securities and Exchange Commission (SEC) has approved eight spot Ethereum exchange-traded funds (ETFs) from major players like BlackRock BLK 0.00%', Fidelity FNF 0.00%', Grayscale GBTC 0.00%' , and others.
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