All Ether Spot ETF Issuers Have Filed Amendments to Form S-1: Report

IconCryptoNewsTerminal Staff08 Jul, 2024

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All Ether Spot ETF Issuers Have Filed Amendments to Form S-1: Report

Ether Spot ETF Issuers File Form S-1 Amendments According to Watcher.guru's Twitter account, "Fidelity, VanEck, Franklin Templeton, 21Shares, Grayscale, BlackRock, and other issuers of ether spot ETFs have completed amendments to their related registration statements, known as Form S-1 filings." The U.S. Securities and Exchange Commission initially rejected the ether spot ETF issuers' S-1 filings on May 29, requiring them to refile by July 8. The latest amendments indicate that the issuers have addressed the SEC's concerns and are now closer to launching their products. Ether spot ETFs provide investors with an easy and regulated way to gain exposure to ether (ETH), the second-largest cryptocurrency by market capitalization. The approval of an ether spot ETF is a significant development for the cryptocurrency industry and is expected to attract a wider range of investors.

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