Cboe and other exchanges revise filings for potential spot ether ETF approval by SEC
The SEC is making progress towards potentially approving a filing for a spot ether ETF, with Cboe publishing amended 19b-4 filings in response to regulator feedback. The applicants for the ETF include Fidelity, VanEck, Invesco/Galaxy, Ark/21Shares, and Franklin Templeton. While the SEC has not explicitly said they will approve the applications, the agency's request for revisions on the 19b-4 forms suggests progress is being made. However, the SEC won't allow issuers to stake potential ETFs, which several applicants had hoped to do. Ether's price is up 3.8% over the last 24 hours, trading at around $3,790 as of press time.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
A Trader Turns $800 Asset in a New Altcoin into $3.5 Million – There Are Concerns About Being an Insider
A crypto trader turned his initial fortune of $800 into $3.5 million, according to onchain data on Solana.
Altcoin Closely Followed by Turkish Investors Announces $40 Million Grant!
Avalanche announces $40 million Retro9000 grant program.
Analytics Firm Reveals Critical Level Bitcoin Needs to Hold For Bullish Sentiment to Continue
Anticipated Statement from SEC Chairman Gary Gensler: BNY, One of the Largest Banks in the USA, Received Cryptocurrency Custody Approval
SEC Chairman Gary Gensler announced in his statement that BNY has received the necessary approval for cryptocurrency custody.
Trending news
MoreCrypto prices
More
