Tag: Spot Ethereum ETF

Bitwise is not alone in its pursuit of a spot ETH ETF, other firms like Fidelity, Hashdex, and ARK 21Shares are also awaiting SEC's approval. 

Grayscale CLO Craig Salm is confident that the US SEC will approve spot Ethereum ETFs despite low issuer-regulator communications

Applications for crypto ETNs can be submitted starting April 8, with successful funds to be listed in May, said the London Stock Exchange.

The SEC extended the deadline for deciding on Grayscale's proposed ETF, which focuses on investing in Ethereum futures contracts.

Fidelity will stake a portion of the ETF's assets through trusted staking providers, though the specific provider was not disclosed.

There are eight proposed spot ETH ETF applications awaiting approval by the SEC, with hopes lingering for other altcoins to follow suit. 

Eric Balchunas stated that the SEC Chair Gary Gensler's stance on Ether as a potential hurdle as he views ETH as a security.

Grayscale Investments and Coinbase Exchange are in talk with the United States SEC over spot Ethereum ETF approval