Trading & Financial News
No Result
View All Result
Wednesday, October 15, 2025
  • Login
  • Economy
  • Markets
  • Forex News
  • Investing
  • Stock Trading
  • Crypto
  • Trading for beginners
Subscribe
Trading & Financial News
  • Economy
  • Markets
  • Forex News
  • Investing
  • Stock Trading
  • Crypto
  • Trading for beginners
No Result
View All Result
Trading & Financial News
No Result
View All Result
Home Crypto

Fidelity, VanEck, 21Shares, Grayscale Update S-1 Filings As Ethereum ETF Trading Looms

by Tradinghow
July 10, 2024
in Crypto, Stock Trading
A A
0
Fidelity, VanEck, 21Shares, Grayscale Update S-1 Filings As Ethereum ETF Trading Looms
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter


https://primexbt.investments/start_trading/?cxd=459_549985&pid=459&promo=[afp7]&type=IB https://primexbt.investments/start_trading/?cxd=459_549985&pid=459&promo=[afp7]&type=IB https://primexbt.investments/start_trading/?cxd=459_549985&pid=459&promo=[afp7]&type=IB

VanEck aims to launch the first spot Ethereum ETF in the US, pending SEC approval, potentially increasing institutional investment and market liquidity.

Asset management firm VanEck has taken a significant step by filing an S-1 registration form with the US Securities and Exchange Commission (SEC) for a spot Ethereum exchange-traded fund (ETF). This move aims to launch the first spot Ethereum ETF in the United States. The proposed ETF, which would trade under the ticker symbol “ETHV” on the Cboe BZX Exchange, seeks to mirror Ethereum’s price performance, minus any expenses.

VanEck’s Proposal for Spot Ethereum ETF

The VanEck fund plans to hold actual Ethereum and base its share value on the MarketVector Ethereum Benchmark Rate. This rate is derived from prices on top Ethereum trading platforms. Notably, the ETF will not engage in Ethereum staking or yield-generating activities. Initially, it will allow only cash creations and redemptions by authorized participants. The SEC’s approval is still pending, as concerns around market manipulation and investor protection have previously prevented the approval of spot crypto ETFs.

Growing Confidence for Approval

Confidence is growing for the approval of spot Ethereum ETFs by July 18, following updates to S-1 forms by major issuers, including BlackRock. This optimism has positively impacted the market, with Ethereum’s price rising over 5% in the last 24 hours. This development comes after the SEC’s earlier approval of the 19b-4 forms, which are necessary for ETFs to start trading. Approval of a spot Ethereum ETF is seen as a significant milestone for the crypto market, potentially increasing institutional investment, demand, and liquidity for Ethereum.

Grayscale’s Announcement

Grayscale has also announced the launch of its Ethereum spot ETF, set to begin trading on July 18, 2024, under the ticker “ETHE” on NYSE Arca, pending regulatory approval. This follows Grayscale’s success in forcing the SEC to approve a Bitcoin spot ETF through legal action. The Ethereum spot ETF’s approval could set a precedent for other issuers, though success is contingent on meeting regulatory requirements and market conditions. The announcement led to a 2.75% surge in the trade price of Ethereum.

What This Means for Investors

The potential approval of spot Ethereum ETFs by the SEC could mark a significant turning point for the cryptocurrency market. It would provide a regulated and accessible way for institutional and retail investors to gain exposure to Ethereum. This could lead to increased demand and liquidity for Ethereum, further solidifying its position in the financial markets.



Source link

  • Trending
  • Comments
  • Latest
The Evolving International Cannabis Landscape

The Evolving International Cannabis Landscape

March 20, 2024
Uniswap Launches Permissionless Bridging Across 9 Networks

Uniswap Launches Permissionless Bridging Across 9 Networks

October 24, 2024
UK Faces Two Decades of No Earnings Growth and More Austerity

UK Faces Two Decades of No Earnings Growth and More Austerity

July 29, 2023
China tech groups lead multibillion-dollar campaign to help exporters sell at home

China tech groups lead multibillion-dollar campaign to help exporters sell at home

April 20, 2025
High Street Retailers Pin Hopes On Discount Splurge In Black Friday Fever

High Street Retailers Pin Hopes On Discount Splurge In Black Friday Fever

0
UK Faces Two Decades of No Earnings Growth and More Austerity

UK Faces Two Decades of No Earnings Growth and More Austerity

0
Learn how to trade. For beginners

Learn how to trade. For beginners

0
Trading for beginners

Trading for beginners

0
Top 10 Blogs from Q3: Private Market Reckoning, Fed Pivots, the Case for Low-Vol

Top 10 Blogs from Q3: Private Market Reckoning, Fed Pivots, the Case for Low-Vol

October 15, 2025
Client Challenge

Client Challenge

October 15, 2025
Nigerian Automaker, Innoson launches plan for new CNG assembly plant

Nigerian Automaker, Innoson launches plan for new CNG assembly plant

October 15, 2025
Raila Odinga, ‘the enigma of Kenyan politics’, passes away aged 80

Raila Odinga, ‘the enigma of Kenyan politics’, passes away aged 80

October 15, 2025

Recent News

Top 10 Blogs from Q3: Private Market Reckoning, Fed Pivots, the Case for Low-Vol

Top 10 Blogs from Q3: Private Market Reckoning, Fed Pivots, the Case for Low-Vol

October 15, 2025
Client Challenge

Client Challenge

October 15, 2025

Categories

  • Business
  • Crypto
  • Economy
  • Forex News
  • Investing
  • Markets
  • More
  • Stock Trading
  • Trading for beginners

Site Navigation

  • Home
  • Contact Us
  • Stock Trading
  • Markets
  • Investing
  • Other Links
  • Privacy & Policy
Trading & Financial News

We bring you the fastest breaking news on Trading, forex, and finance submitted from credible and reliable news sources around the world.

© 2019-2025 Tradinghow is your trusted hub for forex news, online trading insights, and financial market analysis. www.tradinghow.com

No Result
View All Result
  • Contact Us
  • Home
  • Economy
  • Crypto
  • Investing
  • Markets
  • Forex News
  • Stock Trading

© 2019-2025 Tradinghow is your trusted hub for forex news, online trading insights, and financial market analysis. www.tradinghow.com

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In