VanEck Files for the First Ethereum ETF in the US

2021-5-9 19:06

While awaiting a decision on its Bitcoin ETF, which the Securities and Exchange Commission has postponed to July, VanEck filed for an Ethereum exchange-traded fund (ETF).

If approved, the VanEck Ethereum Trust would hold Ether and value its shares daily based on the MVIS CryptoCompare Ethereum benchmark rate and list those shares on the Cboe BZX Exchange, as per the filing with the SEC.

While the first one in America, already three Ether ETFs are trading in Canada after making their debut last month.

“Canada approving Ethereum ETFs so quickly on the heels of Bitcoin ETFs is part of the reasoning for this filing,” said James Seyffart, ETF analyst for Bloomberg Intelligence.

“I don’t see the SEC approving an Ethereum ETF until we have a Bitcoin ETF that has already begun trading. It’s possible that other issuers will follow suit because VanEck has been leading the charge with these filings in the last five months or so.”

While at least eleven companies are looking to launch a crypto ETF, US regulators have yet to approve a single one. Nine companies have filed for applications since the end of 2020.

Meanwhile, a small exchange-traded fund that changed its ticker to BTC last month is now reversing the move.

The issuer of ClearShares Piton Intermediate Fixed Income ETF said in a brief filing with the SEC this week that it will revert to the ticker PIFI from May 11, without any explanations for the same.

While initially, it looked like a bull market thing, a company trying to ride the coattails of crypto’s success, later, as we reported, there was speculation that Grayscale Investment might be the one looking to launch its ETF through ClearShares.

Grayscale said at the time that it was taking a stake in ClearShares and then later announced that it was “100% committed” its GBTC product into an ETF.

This switch to ETF resulted in assets in the Piton Intermediate Fixed Income ETF almost doubling to $62 million, with all of the new inflow coming in a single day shortly after the symbol change to BTC.

Bitcoin BTC $ 58 933.40 +2.33% Ethereum ETH $ 3 847.18 +9.96% Binance Coin BNB $ 647.11 +2.55% The post VanEck Files for the First Ethereum ETF in the US first appeared on BitcoinExchangeGuide.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Ethereum (ETH) на Currencies.ru

$ 3133.28 (+0.46%)
Объем 24H $12.67b
Изменеия 24h: 3.16 %, 7d: 7.74 %
Cегодня L: $3088.33 - H: $3138.04
Капитализация $376.377b Rank 2
Цена в час новости $ 3853.03 (-18.68%)

ethereum etf vaneck shares mvis based hold

Источник: bitcoinexchangeguide.com

ethereum etf → Результатов: 126


Ethereum Receives Nod Of Approval From Berstein: ETH Price Will Reach $10,000

Global asset management firm, Bernstein has expressed confidence, foreseeing a fairly strong chance of the United States Securities and Exchange Commission (SEC) approving an Ethereum Spot ETF.    SEC Ethereum Spot ETF Approval Imminent In a February 19 research report, Bernstein analysts Gautam Chhugani and Mahika Sapra disclosed that Ethereum, the world’s second-largest cryptocurrency, may be the only digital asset after Bitcoin, to win an ETF approval from the US SEC.

2024-2-21 17:00


SEC отложила вердикт по спотовым Ethereum-ETF нескольких компаний

Комиссия по ценным бумагам и биржам США (SEC) объявила о переносе окончательного решения по нескольким заявкам на создание биржевых фондов (ETF), связанных с Ethereum. В числе отложенных заявок — ETF Hashdex Nasdaq Ethereum и ETF Grayscale Ethereum Futures, которые были поданы ранее в этом году.

2023-12-19 11:46


Ethereum (ETH) Soars on BlackRock ETF Hopes But On-Chain Metrics Reveal Cracks

Ethereum has seen a surge in price over the past couple days, reaching as high as $2,132 as optimism grows around BlackRock’s plans to launch a spot Ethereum exchange-traded fund (ETF). The filing with the SEC has led to euphoric sentiment among traders, with Ethereum being the top trending token based on the spike in […] The post Ethereum (ETH) Soars on BlackRock ETF Hopes But On-Chain Metrics Reveal Cracks appeared first on CaptainAltcoin.

2023-11-11 10:03


Altcoin Daily Forecasts $50,000 Ethereum Following the Highly Anticipated ETF

In a recent video by Altcoin Daily, a popular cryptocurrency news channel, the host dives deep into the future of Ethereum, making a bold prediction of a $50,000 price tag for the cryptocurrency. The Significance of a Spot Ethereum ETF Altcoin Daily begins by discussing the filing of the first-ever spot Ethereum ETF by Kathy […] The post Altcoin Daily Forecasts $50,000 Ethereum Following the Highly Anticipated ETF appeared first on CaptainAltcoin.

2023-9-7 17:30


Фото:

VanEck подала заявку в SEC на запуск ETF на базе Ethereum

Инвестиционная компания VanEck подала заявку в Комиссию по ценным бумагам и биржам США (SEC) на запуск торгуемого на бирже фонда (ETF) на базе Ethereum. В случае запуска ETF инвесторы получат доступ ко второй по капитализации криптовалюте с помощью традиционных бирж.

2021-5-8 12:07


Фото:

Фондовая биржа Торонто запустила торги ETF на базе Ethereum

Во вторник, 20 апреля, Purpose Ether ETF, CI Galaxy Ethereum ETF и Evolves Ether ETF начали торговаться на фондовой бирже Торонто (TSX). 16 апреля канадские регуляторы одобрили запуск первых в мире биржевых инвестиционных фондов (ETF) на базе Ethereum от Purpose Investments, CI Global Asset Management и Evolve Funds.

2021-4-21 10:05


Фото:

Первый в мире ETF на Ethereum одобрили в Канаде

Канадские регуляторы одобрили запуск Purpose Ether ETF и CI Galaxy Ethereum ETF - первых в мире биржевых инвестиционных фондов (ETF) на базе Ethereum от Purpose Investments и CI Global Asset Management соответственно.

2021-4-18 10:51


Фото:

Канада одобрила запуск первых в мире ETF на базе Ethereum

Канадские регуляторы одобрили запуск Purpose Ether ETF, CI Galaxy Ethereum ETF и Evolves Ether ETF — первых в мире биржевых инвестиционных фондов (ETF) на базе Ethereum от Purpose Investments, CI Global Asset Management и Evolve Funds соответственно.

2021-4-17 10:45


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Why Liquid Staking is Defying Crypto Slump

Lquid staking volume surges to pre-bear market levels exceeding $20 billion after the Shapella upgrade.

The post Why Liquid Staking is Defying Crypto Slump appeared first on BeInCrypto.