ether ETFs
The projected medium-term $1 billion inflow total for the Hong Kong crypto funds would represent about 2% of the region’s ETF market
Regulators in South Korea, Japan and Singapore could follow Hong Kong’s lead as Asia responds to spot bitcoin ETF approval in the US
HashKey is expected to be among the issuers who receive the green light, according to the report.
ProShares, Volatility Shares and Defiance have filed for funds that would seek to offer leveraged exposure to ETH via futures contract investments
SEC has “less to look at” in considering spot ether ETFs given their similarities to the approved BTC funds, according to 21Shares’ Ophelia Snyder
As part of its 19b-4, the potential issuer included a correlation analysis of ETH that’s “substantially similar” to the BTC analysis done by the SEC before it approved the spot bitcoin ETFs
The Fidelity Ethereum Fund, like other proposed ETH ETFs, seeks to stake a portion of its assets, according to the firm’s Wednesday registration statement
Bitcoin retook $70,000 Monday for the first time in about 10 days while Coinbase, MicroStrategy stocks surge
Regulatory ambiguity on ETH’s status as a security or commodity may still exist, while staking language in proposals adds another layer
Analysts and market commentators think we could see some more pain in bitcoin before we see further gains
Democratic senators Jack Reed and Laphonza Butler urged the SEC to crack down on what they called “alarming deficiencies” in crypto marketing and disclosures
According to documents about the meeting, Coinbase said that the ether ETFs would also be counted as commodity-based shares
Continued demand for bitcoin ETFs coupled with greater demand for bitcoin from exchanges is contributing to price moves, analysts say
The addition of the language “marks a potential milestone,” Blockworks research analyst Spencer Hughes said
While some analysts think there could be an ether ETF decision in just a few months, others warn we may be years away
After expected SEC delays, experts turn to May as next date to watch for potential ether ETFs
An SEC decision on multiple spot ether ETF proposals is slated for late May following a flurry of fund filings last year
The regulator extends its time to rule on ether funds proposed by Hashdex, Ark Invest, Grayscale and VanEck — and is requesting public input
In a filing from Nov. 15, the SEC moved to delay any decision on Hashdex’s proposed ethereum ETF
The false registration, posted to Delaware’s Division of Corporations website, mirrored a legitimate registration from last week
Lack of flows into ether futures ETFs could signal investors await spot products, which the SEC could rule on by May
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