SEC Updates Ethereum ETF Filings for BlackRock, Fidelity

The US SEC has submitted updates for key Ethereum ETF issuers, including BlackRock, Fidelity, Grayscale, and Bitwise.

Azcnews Sec Updates Ethereum Etf Filings For Blackrock, Fidelity

As the potential approval of a spot Ethereum ETF looms this week, tension is mounting in the broader digital currency ecosystem. The latest update from the United States Securities and Exchange Commission (SEC) includes a filing requesting public comments on some of the prospective spot Ethereum ETF applications.

Spot Ethereum ETF: SEC’s First Official Comment

The markets regulator has quietly communicated with the issuers of potential spot Ethereum ETFs. However, with the likelihood of approval increasing earlier this week, the SEC has made its first significant filing in hopes of moving forward. In separate filings for BlackRock, Grayscale Investments, Ark 21Shares, Fidelity Investments, and Bitwise, the SEC requested that comments be submitted electronically or via paper.

These filings outline critical aspects of the spot ETH ETF applications, including investor asset security, compliance with securities regulations, and redemption procedures, among others. Analysts have noted that the SEC’s tone regarding the spot Ethereum ETF product has become notably more accommodating.

Fidelity Ethereum Etf
Fidelity Ethereum Etf

The Exchange believes that the proposal is specifically designed to safeguard investors and the public interest. Concerns regarding investor protection for U.S. investors have escalated significantly in recent years, evidenced by roll costs for ether Futures ETFs and volatility in premium/discount rates and management fees for OTC Ether Funds,” the filing states. This call for comments suggests that the regulator may be inclined to approve the product in accordance with general market expectations.

Related: Standard Chartered Bank Forecasts Ethereum to Reach $8,000

VanEck and Ark 21Shares Application: What Lies Ahead

Analysts are uncovering various dynamics related to the approval of spot Ethereum ETFs. The VanEck and Ark 21Shares duo is expected to receive decisions on their applications this week. Speculation among market analysts suggests that there may be approvals of 19b-4s while the parties navigate through the Form S-1 process.

There are further speculations in the market regarding spot ETH ETF products. In the case of spot Bitcoin ETFs, there were weeks of interactions between the regulator and issuers, which notably streamlined the approval process and led to the product’s launch in the same week.

This time, analysts note that there may be a span of weeks or months between initial 19b-4 approvals and the actual product launch.

Love

0.0/5

Love

Latest

X402 Token Surpasses $800 Million Market Cap After Launch On Bnb Chain

News | Altcoin | Editor Choice

x402 Token Surpasses $800 Million Market Cap After Launch on BNB Chain

Just one day after launching its new version on BNB Chain, the x402 ecosystem stunned the market as its market capitalization soared past $800 million, marking a remarkable milestone for the web-based payment protocol developed by Coinbase.

4 U.s. Economic Events Set To Strongly Impact The Crypto Market This Week

News | Editor Choice | Policy & Regulations

4 U.S. Economic Events Set to Strongly Impact the Crypto Market This Week

This week, global investors are holding their breath as a series of major U.S. economic events approach — developments that could determine the direction of financial markets and trigger sharp volatility in Bitcoin and other cryptocurrencies.

Ethereum Surges Again As Supply Becomes Increasingly Scarce

News | Altcoin | Editor Choice

Ethereum Surges Again as Supply Becomes Increasingly Scarce

Ethereum is entering a phase of supply scarcity as hundreds of thousands of ETH are withdrawn from Binance, fueling expectations of a powerful price breakout in the near future.

Us China Trade Truce Sparks Bitcoin Rally

News | Bitcoin | Editor Choice

US-China Trade Truce Sparks Bitcoin Rally

The easing of US-China trade tensions has injected new momentum into the cryptocurrency market, propelling Bitcoin’s rally ahead of a pivotal week filled with major economic and diplomatic events.

Whales Dump Xrp Can Ripple Still Aim For The $5 Breakout

News | Altcoin | Editor Choice

Whales Dump XRP: Can Ripple Still Aim for the $5 Breakout?

XRP faces a defining moment as whales unleash massive sell-offs, leaving investors anxious over whether the token will rocket to $5 or crash back down to $2.

Screenshot 2025 10 20 091338