The two asset management firms will continue to work together on the ARK 21Shares Bitcoin ETF, which was launched in January.
Franklin Templeton revealed, "The fees of the Sponsor accrue daily at an annualized rate equal to 0.19% of the net asset value of the Fund."
The Grayscale Ether fund (ETHE), which currently holds an AUM of $11 billion, could experience outflows if it follows GBTC's pattern.
A crypto market veteran and ConsenSys co-founder Joseph Lubin has labeled the approval of spot Ethereum ETF a gamechanger
Michael Saylor said that ETH ETFs serve as an additional line of defense for Bitcoin, enhancing its legitimacy and stability.
The ad from VanEck quickly gained traction, amassing over 1,300 reposts and 312,000 views at the time of writing.
If the S-1 forms are signed off as expected, analyst predicts that spot Ether ETFs will attract 20% of the inflows seen by spot Bitcoin ETFs.
The SEC approving spot Ether ETFs coincides with the US House of passing the Financial Innovation and Technology for the 21st Century Act.
The amendments filed by asset managers like BlackRock and Grayscale primarily address the removal of provisions related to staking.
Standard Chartered Bank is hopeful that the spot Ethereum ETF applications by US issuers may finally be approved this week
Prometheum announced its intention to classify Ether as a security upon the launch of its custodial services.
The notice of withdrawal for the Grayscale Ethereum Futures Trust was filed with the SEC on May 7, marking an unexpected turn in the process.
Asset management firm Franklin Templeton has launched its spot Ethereum ETF on the Depository Trust and Clearing Corporation (DTCC)
The United States SEC may likely deny spot Ethereum ETF applications by May according to insights from JPMorgan
Top market analyst and the President of ETF Store Nate Geraci is unsure of Spot Ethereum ETF approval by the SEC by May
The decision on spot ETH ETF filing by VanEck is scheduled for May 23, along with several other pending applications from major players.
Bitwise CIO expressed concerns about the readiness of the market for a spot Ethereum exchange-traded fund (ETF).
Consensys highlighted ETH's PoS implementation, adding that its security measures, which not only meet but surpass those of BTC's POW system.
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