SEC Comments Delay Spot Ethereum ETFs Launch
The anticipated launch of spot Ethereum ETFs in the United States, which was originally expected to happen in early July, has been delayed due to the Securities and Exchange Commission (SEC).
The anticipated launch of spot Ethereum ETFs in the United States, which was originally expected to happen in early July, has been delayed due to the Securities and Exchange Commission (SEC).
The US Securities and Exchange Commission is in the final stages of approving exchange traded funds (ETFs) tied to the spot price of Ether and the official approval could come as early as July 4.
VanEck, an investment manager, recently filed form 8-A for its spot Ethereum exchange-traded fund (ETF) with the US Securities and Exchange Commission (SEC).
Fidelity, a leading investment company, has once again updated its application for a potential Ether (ETH) exchange-traded fund (ETF).
The SEC provided comments to potential issuers for an Ethereum ETF last week on their S-1 forms, with a deadline of this Friday for them to complete their revisions and resubmit.
Consensys has confirmed that the SEC is concluding its investigation into whether Ethereum is a security.
During a hearing with the Senate Banking Committee, US Securities and Exchange Commission Chair Gary Gensler proposed that the regulator could give final approvals for listing and trading shares of spot Ether exchange-traded funds (ETFs) within three months.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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