Cboe and other exchanges revise filings for potential spot ether ETF approval by SEC
The SEC is making progress towards potentially approving a filing for a spot ether ETF, with Cboe publishing amended 19b-4 filings in response to regulator feedback. The applicants for the ETF include Fidelity, VanEck, Invesco/Galaxy, Ark/21Shares, and Franklin Templeton. While the SEC has not explicitly said they will approve the applications, the agency's request for revisions on the 19b-4 forms suggests progress is being made. However, the SEC won't allow issuers to stake potential ETFs, which several applicants had hoped to do. Ether's price is up 3.8% over the last 24 hours, trading at around $3,790 as of press time.
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