Asset management firm Bitwise has amended its S-1 registration with the United States Securities and Exchange Commission to list and trade shares of a spot Ether exchange-traded fund .
Bloomberg ETF analyst Eric Balchunas noted that Bitwise filed the amended S-1 ahead of a July 8 deadline, “Prob just wanted to get it off their plate and from what I hear the last round of comments were ‘literally nothing’=took zero time to update. Also, no fee yet. Prob get those next week-ish.” “No one really knows why the SEC is taking their sweet time with these, given how light comments were, these could have easily been trading by now,” added Balchunas.of the spot Ether ETF 19b-4 filings from eight asset managers on May 23. Since then, the crypto investment community has eagerly awaited further developments from the SEC regarding the potential release date.
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