The Chicago Board Options Exchange has confirmed that five spot Ethereum ETF products will begin trading on July 23. Five spot Ethereum exchange-traded funds (ETF) will begin trading on the Chicago Board Options Exchange on July 23, “pending regulatory effectiveness,” CBOE announced on July 19. On May 23, the United States Securities and Exchange Commission…
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The SEC commented on the S-1 forms and requested resubmissions by July 8, potentially delaying the launch of spot Ether ETFs until mid-to-late July. The launch of United States-based spot Ether exchange-traded funds (ETFs), which many expected to occur as early as July 2, has been delayed by the U.S. Securities and Exchange Commission (SEC).…
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Stephen Richardson’s view aligns with Bloomberg’s ETF analysts, who expect the spot Ether ETFs to capture 10-20% of the flows that Bitcoin ETFs did at launch. Spot Ether (ETH) exchange-traded funds won’t see the same day-one inflow as spot Bitcoin ETFs did, as the asset’s use cases are far more difficult to value, an industry executive warns. The spot…
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Bloomberg ETF analyst Erich Balchunas suggests the update may be a response to potential SEC feedback despite no official comments. ARK Invest and 21Shares have removed staking plans from their updated spot Ether exchange-traded fund proposal. In the updated filing submitted on Friday, May 10, the clause stating 21Shares would stake a portion of the fund’s assets…
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Key Points: Grayscale’s Craig Salm is confident in May’s approval for spot Ethereum ETFs, despite SEC engagement concerns. Bloomberg analysts cut approval odds to 25%, citing SEC disengagement. The SEC previously approved Ether futures ETFs, with various firms, including BlackRock and VanEck, awaiting spot Ether ETF decisions. Despite recent concerns over the U.S. Securities and…
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Central issues: Following a pattern of initial rejections, Standard Chartered anticipates that spot Ethereum ETFs will receive approval from the SEC by May 23. Ethereum’s regulatory status, non-classification as a security, and CME listing all suggest that upon approval, its price could reach $4,000 or more. In an essential move reflecting its way to deal…
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Central issues BlackRock and Ark Contribute enter the Bitcoin Spot ETF market, the SEC defers Ethereum ETF proposition, ETHW Center breaks up, and that’s only the tip of the iceberg. In large scale news, the US expansion record shows an expansion in center PCE and a startling abatement in private utilization consumptions. Altcoins may benefit…
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Central issues: Constancy Speculations records for Devotion spot Ethereum ETF, reflecting ongoing Bitcoin ETF refiling. Devotion states administration in the crypto ETF unrest, refering to legitimate sponsorship for endorsement certainty. Fidelity Investments, a prominent American financial services corporation, has officially filed for a Fidelity spot Ethereum ETF, according to a filing with the Securities and Exchange Commission…
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