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🧠ETHEREUM ETF AMENDMENTS AND LAUNCH

🧠ETHEREUM ETF AMENDMENTS AND LAUNCH

Day: 09 | Time: 02:26:30 Applicants for an Ethereum ETF have amended their registration statements while Bloomberg ETF analyst Eric Balchunas has predicted a launch date for the fund. Balchunas speculated that the fund could be launched on July 18, but stated that the SEC has not yet clarified its plans. The amendments to the statements relate to the ability of asset managers to issue ETFs, unlike previous approved registrations that allow exchanges to list and trade the funds at launch. Some of the amendments include information on seed investment and sponsorship expenses. Some of the companies that have filed the amendments include BlackRock, Fidelity, Grayscale, 21Shares, Franklin Templeton, and VanEck. VanEck has also announced that Cboe has filed a proposed rule change to list and trade an ETF on Solana (SOL), which does not affect the registration of its Solana ETF filed on June 27.

Ethereum Bullish Sign