Reuters: The U.S. SEC may approve Ethereum spot ETF before July 4

2024-06-27 08:11:53

Collection

ChainCatcher news, citing industry executives from Reuters, reports that negotiations between 8 asset management companies, including BlackRock, and regulators have entered the final stage, with only minor adjustments remaining. The SEC is expected to approve the Ethereum spot ETF as early as July 4.

Executives from two companies stated that progress has been made in the process of revising the issuance documents, with only "minor" issues being addressed. Due to the confidentiality of the discussions, these executives requested anonymity. These documents must be approved for the ETF to be issued. A lawyer working with the issuers (who also requested anonymity) stated that they are currently in the "final stages," and approval "may only take a week or two."

The SEC has temporarily declined to comment on this news.

(Source Link)

Related tags

U.S. SEC Ethereum spot ETF BlackRock

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.

New Developments on Ethereum Spot ETF

Understand the latest developments, regulatory trends, and market impacts of Ethereum spot ETFs in the United States, Hong Kong, and other regions.

Topic or theme