ETF

BlackRock and VanEck have amended its S-1 filing with the SEC for its Ethereum ETF. Erick Balchunas predicts the Ethereum ETFs could be approved by late June or early July. Asset management giant BlackRock has made a significant move in its bid to launch an Ethereum spot ETF. The firm has amended its S-1 filing with the U.S. Securities and Exchange Commission (SEC), signaling progress in the regulatory approval process. The amended S-1 filing from BlackRock disclosed information about its…

Following the abrupt approval of the Ethereum Spot ETFs by the US Securities and Exchange Commission (SEC), several prospective issuers have now filed amended versions of their S-1 forms. This development follows an initial directive from the commission that necessitated all asset managers vying to launch an Ether Spot ETF  to submit their draft S-1 filings on Friday. Franklin Templeton Opens Floor With 0.19% Sponsor Fee Among the many S-1 amendments received by the SEC on Friday, Top asset management…

The cryptocurrency market is abuzz with anticipation. The start of an Ethereum ETF promises exciting opportunities. This development could propel certain digital coins to new heights. Dive in to discover which cryptos might see significant gains thanks to this new financial instrument. CYBRO Gets on Crypto Whale's Radar with Presale of Its Tokens CYBRO is a new platform designed to help users earn more on the Blast blockchain. Blast is known for offering better returns on Ethereum (ETH) and stablecoins…

The post SEC Mandates Friday Deadline for Spot Ethereum ETF Issuers appeared first on Coinpedia Fintech News The SEC has instructed the issuers of spot Ethereum ETFs to submit their newly amended S-1 forms by Friday. This order follows the SEC’s approval of the 19b-4 forms on May 23, marking an important milestone in the ETF launch process. Once the S-1 forms become effective, trading can commence. Despite the tight timeline due to a last-minute change, issuers like VanEck and…

BlackRock has updated its S-1 registration statement for a proposed spot, Ethereum ETF, signaling a significant move toward its potential launch. This amendment was filed on May 29, after the SEC approved related 19b-4 listing rule changes on May 23. The updated filing clarifies several initial placeholders, including a $10 million seed capital investment and the structure of in-kind transactions for authorized participants. With the ETF’s ticker set as ETHA, the fund is closer to reality, although the approval timeline…

BlackRock’s Bitcoin ETF has become the world’s largest Bitcoin ETF with $20 billion AUM after surpassing Grayscale Bitcoin Trust. The newly launched Bitcoin ETF has gained prominence for offering an easily accessible, simple, and cheap investment vehicle into the digital asset. Barely six months after the approval of Bitcoin spot ETFs, BlackRock has taken the lead as the world’s largest Bitcoin ETF fund after amassing over $20 billion in total assets under management. BlackRock’s iShares Bitcoin Trust (IBIT) dethroned Grayscale…

Cathie Wood highlights crypto’s pivotal role in US politics for the 2024 presidential elections, attributing the swift approval of the spot Ethereum ETF by the SEC to this trend. Wood reaffirms ARK Invest’s commitment to making Bitcoin accessible to a wider audience through the ARK 21Shares Bitcoin ETF. Crypto market proponent and ARK Invest CEO Cathie Wood stated that crypto has now taken the center-stage in US politics for the 2024 presidential elections. This was typically the reason behind the…

BlackRock advances its Ethereum spot ETF, aiming for a July 4th launch. Analysis suggests potential approval within weeks, amid a broader context of SEC approvals for Ethereum ETFs. BlackRock has recently revised its S-1 registration statement for a spot Ethereum ETF, marking significant progress towards its launch. This amendment, filed on May 29, supplements the initial registration from November 2023 and indicates a move closer to approval. Bloomberg analyst James Seyffart suggests through his recent tweet,  that the ETF might…

The post Eric Balchunas Sees ‘A Legit Possibility’ Of ETF Launch By June appeared first on Coinpedia Fintech News BlackRock has filed an amended S-1 form for its proposed spot Ether (ETH) ETF, revealing more information about the product recently approved for listing in the U.S. The form also discloses that a ‘Seed Capital Investor’ has purchased 400,000 shares of the proposed filing at a per-share price of $25.00. Bloomberg ETF Analyst Eric Balchunas called the updated S-1 ‘a good…