BlackRock, the most iconic asset giant , submitted a 19b-4 modification document yesterday through its partner exchange Nasdaq, which also deleted the possibility of Ethereum staking. Bloomberg ETF analyst Eric Balchunas believes that in the best case scenario, we will receive news from the U.S. Securities and Exchange Commission (SEC) around 4 p.m. (4 a.m. in Taiwan on 5/24)!
Table of contents
ToggleBlackRock also files 19b-4 update
After the exchange CBOE submitted revised 19b-4 documents for five Ethereum spot ETF issuers yesterday, BlackRock, which has attracted much attention, also submitted through its partner exchange Nasdaq. document, which also removed the possibility of Ethereum staking.
In addition , Grayscale’s Mini Ethereum Trust and Bitwise also submitted relevant documents.
See Zhenzhang at four o'clock tomorrow morning?
Bloomberg ETF analyst Eric Balchunas tweeted that he believes that in the best case scenario,
We will hear from the SEC tomorrow around 4pm!
Compared with the previous Bitcoin spot ETF, the SEC issued approval documents at 3:50 pm New Jersey time (3:50 am Taiwan time). In other cases it was after four o'clock.
Summary of various ETFs
The following table is the information of the nine issuers that mainly submitted applications compiled by ABMedia(not counting Grayscale’s Mini Ethereum Trust). Three exchanges, Cboe BZX, Nasdaq and NYSE Arca, all submitted revised 19b-4 in the past two days. According to Coinbase’s analysis, Ethereum staking will be a key factor in passing, and each company has also deleted the staking conditions in the updated documents.
