Spot Ethereum ETF Preparations in Full Swing
If you’re a crypto enthusiast, you’ll be pleased to hear that major fund management companies like Fidelity, Grayscale, and VanEck are ramping up their efforts to launch spot Ethereum ETFs. The Cboe BZX has updated filings for five spot Ethereum ETF applications, while VanEck’s ETH ETF fund has appeared on the DTCC’s website. Additionally, Fidelity and Grayscale have made amendments to their applications to exclude staking activities.
- Cboe BZX updated 19b-4 filings for five spot Ethereum ETF applications
- VanEck’s ETH ETF fund listed on the DTCC’s website
- Fidelity and Grayscale amended their applications to exclude staking
Preparations In Full Swing Ahead Of Potential Approval
As preparations for the launch of spot Ethereum ETFs gain momentum, VanEck’s fund has been listed on the DTCC’s website. This listing is part of the preparation process, although it does not confirm the fund’s full launch. Meanwhile, Grayscale and Fidelity have also revised their applications in anticipation of potential approval from the SEC, excluding provisions for investors to stake ETH through their funds.
- VanEck’s spot Ethereum ETF listed on the DTCC’s website
- Grayscale and Fidelity amended applications to exclude staking
Hot Take: Crypto Market Buzzing with Impending Spot Ethereum ETF Launch
As the crypto market buzzes with excitement over the imminent launch of spot Ethereum ETFs, you can expect significant developments in the coming weeks. Stay tuned for updates on SEC approval orders for the 19b-4s and S-1 approvals, which will pave the way for the official launch of these innovative investment opportunities in the world of cryptocurrencies.