Bitwise, Blackrock, Grayscale, 21 Shares,
Submit documents specifying ETF fees as required by the U.S. SEC
SEC approves two additional ETH spot ETF review requests
“All conditions for market launch have been completed”
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Applicants Bitwise, Blackrock, Grayscale, and 21 Shares, who are awaiting final approval of ETF's securities report S-1s, submitted ETF's securities report 'S-1s' document containing ETF fees to the SEC on the 17th (local time). . The ETF fees set by these companies are 0.20%, 0.25%, 2.5%, and 0.21%, respectively.
Disclosure of ETF fees by ETF applicants is in accordance with the SEC's request. Previously, the SEC finally requested applicants to amend the ETF's securities report 'S-1s' on the condition of clearly specifying ETF fees.
According to a Reuters report this week, the SEC has granted preliminary approval to BlackRock, Franklin Templeton, and VanEck, allowing the market launch of an Ethereum spot ETF next week if the applicants submit revised documents detailing the ETF fees by the end of the week. .
In response to the SEC's request, ETF applicants began disclosing their fees.
The number of Ethereum spot ETFs that can be launched on the market upon SEC approval also increased from 8 to 10.
The SEC approved two additional Ethereum spot ETF review requests '19b-4'. On the 17th (local time), the SEC announced approval of Ethereum Spot ETF Review Request Form 19b-4 applied by ProShares and Grayscale.
Currently, the prevailing opinion both inside and outside the market is that an Ethereum spot ETF will definitely be launched in the market.
Previously, Bloomberg ETF researcher Eric Balchunas explained on the 15th through his Since ETF applicants have met all of the SEC's requirements, the next step is to approve the Ethereum spot ETF.
Reporter Seungwon Kwon ksw@
