Hashdex and Vanguard have either withdrawn their applications or decided against launching spot Ether ETFs.exchange-traded funds as BlackRock becomes the first to update a key filing necessary for launch.
Previously, the SEC approved the rule 19b-4 forms for eight Ether ETF applications, including those from BlackRock , Fidelity , Grayscale, ARK Invest, VanEck, Invesco Galaxy, and Franklin Templeton.for its iShares Ethereum Trust with the SEC, nearly a week after the regulator approved its 19b-4 filing.
“This is almost certainly the engagement we were looking for on the S-1’s following the 19b-4 approvals. Issuers and SEC are working towards spot Ethereum ETF launches.” Amid hopes of Ether spot ETF approval, ETH was trading at $3,769, reflecting a 2.45% decline at the time of writing.
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