The post SEC Calls for Public Feedback on Ethereum ETF Proposals from Grayscale, Fidelity, and Bitwise appeared first on Coinpedia Fintech News
The U.S. Securities and Exchange Commission has asked for public comment on spot Ethereum ETF applications, including those from Grayscale, Fidelity, and Bitwise.
This move is critical, coinciding with a similar request for public review on 5 spot Bitcoin ETF trusts before Bitcoin ETFs were approved. This crucial move comes as optimistic sentiments for spot Ethereum ETF approval in May ’24 have reduced to 25% positivity.
Ethereum ETF Update
The SEC’s request for public comment on Ethereum ETF applications comes after it recently postponed its decision on the VanEck spot Ether ETF application to May 2024. The Commission extended the approval or denial period, citing the need for more time to consider the proposed rule change.
The SEC’s request for public comment on Ethereum ETF applications on Grayscale, Fidelity, and Bitw
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