WuBlockchain Weekly: Unexpected Approval of Ethereum Spot ETF: Potential Impacts and Top10 News
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1. SEC Approves BlackRock and Fidelity’s Eight Ethereum ETFs on Thursday link Ethereum Spot ETF Receives SEC Approval, ETH Recognized as a Commodity On Thursday evening Eastern Time, the U.S. Securities and Exchange Commission (SEC) disclosed that it has approved Form 19b-4 filings for eight issuers of Ethereum ETFs, including BlackRock, Fidelity, Grayscale, Bitwise, VanEck, Ark, Invesco Galaxy, and Franklin Templeton. Although ETF issuers still need to have their S-1 registration statements become effective before trading can commence, it is currently unclear how long this process will take. Some analysts speculate it could take several weeks. In the meantime, VanEck has promptly submitted a revised S-1 application for its spot Ethereum ETF. BlackRock’s spot Ethereum ETF has already been listed on the DTCC website with the ticker symbol ETHA.
WuBlockchain Weekly: Unexpected Approval of Ethereum Spot ETF: Potential Impacts and Top10 News
WuBlockchain Weekly: Unexpected Approval of…
WuBlockchain Weekly: Unexpected Approval of Ethereum Spot ETF: Potential Impacts and Top10 News
1. SEC Approves BlackRock and Fidelity’s Eight Ethereum ETFs on Thursday link Ethereum Spot ETF Receives SEC Approval, ETH Recognized as a Commodity On Thursday evening Eastern Time, the U.S. Securities and Exchange Commission (SEC) disclosed that it has approved Form 19b-4 filings for eight issuers of Ethereum ETFs, including BlackRock, Fidelity, Grayscale, Bitwise, VanEck, Ark, Invesco Galaxy, and Franklin Templeton. Although ETF issuers still need to have their S-1 registration statements become effective before trading can commence, it is currently unclear how long this process will take. Some analysts speculate it could take several weeks. In the meantime, VanEck has promptly submitted a revised S-1 application for its spot Ethereum ETF. BlackRock’s spot Ethereum ETF has already been listed on the DTCC website with the ticker symbol ETHA.