BlackRock has submitted a revised registration statement for its proposed spot Ethereum ETF. The updated S-1 filing also included details about the company’s seed capital investor.an amended S-1 registration statement nearly a week after the U.S. Securities and Exchange Commission approved 19b-4 forms for eight Ethereum ETFs, including its proposed iShares Ethereum Trust. Both filings need approval before the ETF can begin trading.
Eric Balchunas offered insights on the development, expressing optimism about its significance. He anticipated others to follow soon, likely accompanied by another round of fine-tuned comments from Staff. While Balchunas suggested an end-of-June launch as feasible, he emphasized higher approval odds around July 4, regarding an earlier approval as a “long shot.”
Hashdex also aimed for its spot Ether ETF to reflect daily changes in the Nasdaq Ether Reference Price to address regulatory concerns about market manipulation.
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