👀 Watchlist Winners: Copy Legendary Investors' Portfolios in One ClickSee Undervalued Stocks

BlackRock, Fidelity Lead Charge in Updated Filings for Spot Ethereum ETFs

Published 06/22/2024, 05:07 PM
Updated 06/22/2024, 05:45 PM
©  Reuters BlackRock, Fidelity Lead Charge in Updated Filings for Spot Ethereum ETFs

  • Eight spot Ethereum ETF applicants, including Fidelity and VanEck, have updated their S-1 documents.
  • Franklin set its fees at 0.19%, while VanEck announced a 0.2% fee for its spot Ethereum ETF.
  • BlackRock disclosed a $10 million seed investment in its spot Ethereum ETF.

Bitwise, BlackRock, Fidelity, Franklin Templeton, Grayscale, Invesco, VanEck, and 21Shares have all submitted updated filings for their spot Ethereum exchange-traded fund (ETF) applications, marking a significant step forward in the race for regulatory approval from the U.S. Securities and Exchange Commission (SEC).

Bloomberg ETF analyst Eric Balchunas highlighted this development, noting that the SEC is now reviewing the documents for final changes before granting approval. Balchunas predicts a potential launch date for these ETFs around July …

The post BlackRock, Fidelity Lead Charge in Updated Filings for Spot Ethereum ETFs appeared first on Coin Edition.

Read more on Coin Edition

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.