Ethereum ETF

BlackRock remains hopeful about an Ethereum exchange-traded fund (ETF) hitting the market, even if regulators classify Ethereum as a security rather than a commodity. Larry Fink, the CEO, voiced this confidence as the Securities and Exchange Commission nears its May deadline to decide on applications from eight issuers seeking approval for such an ETF product. […]

As per the recent SEC filings, Fidelity has made the critical form submission of Form S-1 with the United States Securities and Exchange Commission (SEC) seeking consent to offer a spot Ethereum exchange-traded fund (ETF) with staking features. This registration is Fidelity’s first for the Ethereum ETF product. This was confirmed by Bloomberg analyst James […]

The US Securities and Exchange Commission (SEC) has postponed its decision on the Ethereum spot exchange-traded funds (ETFs) proposed by Hashdex and Ark 21Shares. In a notice filed on Tuesday, March 19, the new deadlines for deciding on the Hashdex and Ark 21Shares Ethereum spot ETFs are May 30, 2024, and May 24, 2024, respectively. […]

The Securities and Exchange Commission (SEC) has postponed its decision to approve the Hashdex Nasdaq Ethereum (ETH) exchange-traded fund (ETF). If approved, the Hashdex ETF will hold spot Ether and futures contracts. In a notice filed on Tuesday, the SEC stated that it would extend its decision deadline to May 30, 2024. The SEC explained, […]

The price of Ethereum (ETH) soared past $3,000 on Tuesday. This marked the first time either crossed this key psychological level since April 2022. The second-largest crypto by market cap continued its remarkable recent hot streak. Ether’s price climbed from $2,881 on February 19, surging more than 4% over the last 24 hours. It hit […]

ARK Invest and 21Shares have detailed a new cash creation and redemption mechanism for their latest filing of an Ethereum spot ETF. They say the new process takes an innovative approach by departing from the traditional processes of ETPs, which represent in-kind creation and redemption. Revolutionizing the Ethereum Creation Process The revised filing highlights that authorized […]

During rece­nt developments in the­ Ethereum (ETH) community, researchers at Lookonchain have discovered a notable surge in ETH collections. Inte­restingly, this increase coincide­d with a rise in ETH prices and discussions surrounding exchange­-traded fund (ETF) paperwork. The latte­r holds significant importance within the cryptocurrency re­alm. Lookonchain’s data uncovers fascinating move­ments by key players in the­ […]